Rogers Communications Inc.
), the largest Canadian telecom operator, announced acquisitions
to strengthen its Business Solutions division. The company has
decided to acquire Pivot Data Centres Inc. from private equity
firm Sverica International for approximately $150.7 million.
Pivot offers data center facilities to business firms through
three collocation facilities in Calgary and Edmonton regions.
Rogers also announced the completion of the acquisition of
Granite Networks for around $6.1 million. Granite Networks
provides managed services and cloud hosting services to private
and government enterprises in eastern Ontario and western Quebec.
On Apr, 17, 2013, Rogers acquired BLACKIRON Data from Primus
Telecommunications Group for about $200 million. The acquisition
boosted Rogers' enterprise-level data centre and cloud computing
services as BLACKIRON Data has nearly 4,000 customers.
Rogers is facing severe competitive threat in the core
wireless and cable TV market from
). To counter competition, the company is pursuing expansion in
several related fields. Recently, Rogers received an
authorization from the Office of the Superintendent of Financial
Institutions of Canada to start credit card service. This
facility will be launched in Canada in 2014.
On Jan 14, 2013, Rogers entered into an agreement with
Shaw Communications Inc.
) to acquire Shaw's cable system in Hamilton, Ontario and secure
an option to purchase Shaw's Advanced Wireless Services (AWS)
spectrum holdings in 2014 for approximately $700 million. Rogers
will sell its one-third interest in specialty channel,
TVtropolis, to Shaw and has also entered into negotiations with
Shaw for the provision of certain services in Western Canada.
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