Distributel Communications Limited has acquired Primus Telecommunications, one of Canada’s largest independent telecom providers. The investment brings together the strength of two prominent Canadian telecom companies.
“Bringing Primus into the Distributel family will mean more options, increased innovation and better value for Canadians and ultimately a better alternative for our country,” said Matt Stein, CEO of Distributel.
“This is truly a case of the whole being greater than the sum of the parts,” Stein said. “Our two companies are a great fit with one another. Primus and Distributel were both early players in the competitive space, advocating for Canadians and delivering innovative products and services to a burgeoning industry. This combination allows us to extend that shared approach to even more consumers and businesses across the country.”
Adding Primus to its portfolio solidifies Distributel’s position as a leading independent telecommunications service provider in the country. The combination brings benefits to the customers of both organizations through greater network reach, an expanded portfolio of complementary products and services available from coast to coast.
The acquisition was supported by PricewaterhouseCoopers Corporate Finance Inc. serving as financial advisors on the transaction.
For its part, Distributel, the acquisition enhances its product range with Primus’ offerings, which include a substantial cable footprint, an advanced cloud-based business phone system, an extensive portfolio of access services and Telemarketing Guard – a call-screening technology.
The action expands Primus’ network and product set through Distributel’s capabilities including 1,000 competitive local exchange carrier (CLEC) coverage areas, state-of-the-art SIP trunking, integrated Microsoft Teams unified communications products and its IP-based TV service. The company’s increased scale will be important as fiber connectivity to consumers’ homes advances throughout the country.