Investel Capital closes minority investment in Coastline Broadcasting
Investel Capital Corp has completed its previously announced purchase of a minority interest in Coastline Broadcasting Ltd, a cable television operator and Internet service provider based in Courtenay, British Columbia. The financial terms of the deal were not disclosed. Investel said its subsidiary, Teliphone Navigata-Westel Communication Inc, will now become directly involved in the business development of Coastline. With offices in Vancouver and Toronto, Investel specializes in the acquisition of distressed and underachieving telecom companies.
6 October 2014•3 mins read
