WiMacTel purchase of payphone assets follows First West Capital investment
Calgary-based telecommunications provider WiMacTel Inc has bought for an undisclosed price payphone assets of Canada Payphone Corp, a brand business of Globalive Communications Corp of Toronto. The new base of Canadian assets, which are located in Alberta, British Columbia and Québec, complement the U.S.-based payphone services of WiMacTel and positions it as the only company serving accounts in both countries, WiMacTel said. Last month, the company secured an investment from First West Capital, a Vancouver-based provider of subordinated debt and mezzanine financing affiliated with First West Credit Union.
27 January 2014•3 mins read
