Infrastructure Ontario has released a
request for qualifications inviting interested buyers to submit their
qualifications to purchase and operate Ontera, a full service
telecommunications company and the first of the Ontario Northland Transportation Commission (ONTC) business lines to be put up for
sale.
The start of the sales process is an
important step in bringing further private sector investment to
Northern Ontario where Ontera offers local and long-distance
telephone service and cellular and internet service to homes and
businesses. The Canadian Radio-television Telecommunications
Commission will review any sale and ensure mandatory service
obligations are addressed.
The request for qualifications process
will pre-qualify and short-list potential buyers with the required
experience, expertise and financial strength to operate Ontera.
Short-listed buyers will be invited to respond to a request for
proposal that will be issued later this year.
Infrastructure Ontario will ensure the
sales process is fair and competitive, and overseen by a fairness
monitor.
“The divestment of the ONTC is
necessary to promote sustainable transportation and
telecommunications services in the North, now and in the future,”
said Rick Bartolucci, Minister of Northern Development and Mines.
“This thorough and competitive sales process will ensure the buyer
selected for Ontera is best able to meet provincial priorities to
deliver telecommunications services, stimulate the economy, sustain
jobs, and provide value for taxpayers.”
A copy of the request for
qualifications is available at www.merx.com.
Infrastructure Ontario is working with
the ONTC and the Ministry of Northern Development and Mines to
implement ONTC's divestment process.