Last week, two acquisitions in the Canadian telecom sector were met by very different reactions.<\/p>\n
The first was Quebecor’s purchase of VMedia<\/a>, a wholesale-based internet service provider with bundled TV offerings. As described by the Toronto Star, “The deal is part of Quebecor\u2019s push to expand outside its home province”.<\/p>\n The other was Beanfield’s acquisition of Vancouver-Based Urbanfibre<\/a>. Beanfield operates what it calls the largest independent fibre-optic network in Toronto and Montreal; Urbanfibre is a similar company operating in Vancouver. <\/p>\n Interesting to see another consolidation event this morning with @Urban_fibre<\/a> joining @beanfield<\/a> in the wake of @VMedia<\/a> joining @Quebecor<\/a> <\/p>\n These aren't fire sale acquisitions. demonstrates belief that business synergies can unlock greater opportunity<\/p>\n That's good#CRTC<\/a> #CDNtech<\/a> https:\/\/t.co\/BghzN2PKDz<\/a><\/p>\n — Mark Goldberg (@Mark_Goldberg) July 28, 2022<\/a><\/p><\/blockquote>\n \n