Westman Communications Group completes acquisition of RioNet to expand rural internet services
Acquiring Company
Westman Communications Group
Acquired Company
RioNet
Description
Westman Communications Group has acquired RioNet to further its goal of expanding fiber and wireless networks across the Parkland region. This acquisition will allow for a greater expansion of internet services and connectivity in rural areas and is aligned with Westman's commitment to advancing these services for the community.
Quick answer
Westman Communications Group is acquiring RioNet, announced May 16, 2024. Westman Communications Group is based in Brandon, Manitoba, Canada.
- How much did Westman Communications Group pay for RioNet?
- The deal value was not disclosed.
- What does Westman Communications Group do?
- Westman Communications Group is a cooperative company with a strong community focus, specializing in providing internet and communication services.
- Where are Westman Communications Group and RioNet based?
- Westman Communications Group is based in Brandon, Manitoba, Canada. RioNet is based in Dauphin, Manitoba, Canada.
- Who are the decision-makers at Westman Communications Group?
- Fundz holds 1 contact at Westman Communications Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hardware and Internet
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- Boldyn Networks completes acquisition of Apogee Telecom to expand connectivity solutions (May 16, 2024)
- RiverStreet to acquire ownership of Amelia Telephone Corporation and New Castle Telephone Company from TDS Telecom (June 4, 2024)
- T-Mobile to acquire UScellular's Wireless Operations and Select Spectrum Assets for $4.4B, $4.4B (May 28, 2024)
- MCA acquires LightSpeed Technologies, Inc. to strengthen Data Division (April 29, 2024)
- Nokia to acquire US optical network firm Infinera in 2.1 billion euro deal, $2.3B (June 28, 2024)
- Nokia's acquisition of Infinera to scale up Optical Networks and accelerate product roadmap (June 27, 2024)
Who to call at Westman Communications Group, and when
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- The decision-makers there, with verified emails
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Frequently asked
Who acquired RioNet?
RioNet was acquired by Westman Communications Group, based in Brandon. The deal was reported on May 16, 2024. Westman Communications Group is a cooperative company with a strong community focus, specializing in providing internet and communication services. Westman Communications Group is privately held and operates in Hardware.
When did Westman Communications Group acquire RioNet?
Westman Communications Group's acquisition of RioNet was reported on May 16, 2024. Westman Communications Group has acquired RioNet to further its goal of expanding fiber and wireless networks across the Parkland region. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does RioNet do?
RioNet is a long-standing local internet provider based in Dauphin, Manitoba. For the past 15 years, RioNet has been dedicated to improving rural internet services and connectivity in the Parkland region. It is privately held, operating in Internet, and is based in Dauphin.
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