NeoTech, a Kapuskasing internet provider, has been acquired by Eastlink.
Halifax-headquartered telecom Eastlink made the announcement on Oct. 5. As a private company, they are not disclosing the purchase price.
“This purchase is a natural fit for us as the NeoTech team has served its customers with a similar commitment towards delivering care and excellence to its customers,” said Eastlink CEO Jeff Gillham in statement.
“NeoTech customers have our commitment that we will work hard,” added Gillham, “every day, to earn their business as we continue to invest, grow and build upon the products and services NeoTech offers.
NeoTech owner and CEO Francis Lamontage said their customers “will be in great hands” with Eastlink.
“Given Eastlink's proven record of excellence and strong history of operational strength in the communities it serves, I'm confident that they are the right company to drive long term value for our customers.”
An Eastlink spokesperson said the deal is official. The customer base they are now servicing is relatively small, said Jill Laing.
“Transitioning customers has begun; we are working closely with NeoTech as this transition work continues over the next several months,” she said.