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PomeGran Acquires ROCK Networks to Expedite Growth and Transform Rural Connectivity Across Canada

PRIVATEFeb 26, 2024

Acquiring Company

PomeGran

Acquired Company

ROCK Networks

TorontoHardwareInternetWirelessTelecommunicationsManufacturingHardwareSatellite CommunicationWireless

Description

PomeGran Inc., Canada’s leading fibre-centric rural broadband provider, has acquired ROCK Networks Inc., one of Canada’s leading broadband service providers and telecom systems integrator. This strategic move solidifies PomeGran’s position as the leading provider of rural broadband services in Canada, and underscores its dedication to bridging the digital divide among urban, underserved, and Indigenous populations across both Canada and the United States. The acquisition of ROCK Networks will accelerate PomeGran’s expansion plans, introducing a range of substantial projects and initiatives aimed at enhancing connectivity in underserved regions.

Quick answer

PomeGran is acquiring ROCK Networks, announced February 26, 2024. PomeGran is based in Toronto, Ontario, Canada.

How much did PomeGran pay for ROCK Networks?
The deal value was not disclosed.
What does PomeGran do?
PomeGran Inc. stands as one of North America's foremost fibre-centric broadband infrastructure providers.
Where are PomeGran and ROCK Networks based?
PomeGran is based in Toronto, Ontario, Canada.
Who are the decision-makers at PomeGran?
Fundz holds 1 contact at PomeGran. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

PomeGran

Location

75 International Blvd

Toronto, Ontario, Canada

About

PomeGran Inc. stands as one of North America's foremost fibre-centric broadband infrastructure providers. Dedicated to enhancing broadband services, PomeGran has emerged as a leader on a mission to empower underserved markets in Eastern Canada and the Northeastern US. Boasting ownership of broadband networks, underground and aerial fibre assets, and fixed wireless access (FWA) assets, PomeGran is committed to bridging the digital divide that exists between urban, rural, and Indigenous communities. Founded on the fundamental principle of ensuring equitable access to high-speed internet, PomeGran believes that everyone deserves the opportunity to participate in today's digital-first economy.

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Frequently asked

Who acquired ROCK Networks?

ROCK Networks was acquired by PomeGran, based in Toronto. The deal was reported on February 26, 2024. PomeGran Inc. stands as one of North America's foremost fibre-centric broadband infrastructure providers. PomeGran is privately held and operates in Hardware.

When did PomeGran acquire ROCK Networks?

PomeGran's acquisition of ROCK Networks was reported on February 26, 2024. PomeGran Inc., Canada’s leading fibre-centric rural broadband provider, has acquired ROCK Networks Inc., one of Canada’s leading broadband service providers and telecom systems integrator. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ROCK Networks do?

ROCK Networks is a broadband service provider and telecom systems integrator. It has served a wide range of corporate and government customers within the public safety, energy, transportation, construction, and manufacturing sectors for over 40 years. It is privately held, operating in Manufacturing.

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