PE-backed Xplornet acquires 42 blocks of telecom spectrum
Canadian rural broadband provider Xplornet Communications Inc has acquired 42 blocks of 2500-megahertz spectrum in rural areas from across Canada in the most recent Industry Canada auction. The company said the spectrum will be used to support its roll-out of long-term evolution fixed wireless high-speed Internet to rural communities. Based in Woodstock, New Brunswick, Xplornet is backed by U.S. private equity firm Catalyst Investors and Canadian firm Werklund Capital Corp.
12 May 2015•2 mins read
