Sign up for our newsletter
Technology / AI and automation

NEWFOUNDLAND TELEPHONE TO PAY $138.6M FOR TERRA NOVA

BCE Inc’s 55%-owned Newfoundland Telephone Co is to pay state owned Canadian National Railways $138.6m – $Can170m – for Terra Nova Telecommunications Inc, which serves 400 rural communities in the province, and will assume $50m of debt: the bid was the best of five received by the railway, which also has Northwest Telephone on the block.

White papers from our partners


This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.