Windsor Information Network Company, Ltd. (WINCOM) (Windsor and Essex County's first commercial Internet Service Provider) is now owned by Primus Canada.
Please see the following link for information contained in the Press Release November 12, 2002.
PRIMUS Canada Acquires Windsor, Ontario Business Internet Service Provider WINCOM- Acquisition Expands PRIMUS Canada's Presence in Southwestern Ontario and Strengthens Capabilities in Business-Class Data Services
- WINCOM Customers To Enjoy Benefits of PRIMUS Canada's Global Reach and End-to-End Solutions
- PRIMUS Canada Continues Its Acquisition Strategy
TORONTO, Nov. 12 /CNW/ - PRIMUS Telecommunications Canada Inc. (PRIMUS Canada), the wholly-owned subsidiary of McLean, Virginia-based PRIMUS Telecommunications Group, Incorporated (NASDAQ: PRTL), today announced that it has acquired Windsor, Ont.-based Internet service provider (ISP) WINCOM.
The acquisition of WINCOM, which provides Internet access and related data services primarily to business customers in the Windsor area, further expands PRIMUS Canada's presence in the southwestern Ontario market. WINCOM's more than 5,000 business and residential customers will gain access to PRIMUS Canada's full range of business telecom services provided through its national facilities which are connected with PRIMUS's global network.
With the acquisition of WINCOM, PRIMUS Canada is building upon a strong record of success in southwestern Ontario, including recent agreements to provide Internet services to customers of London, Ont.-based LARG(*)net and long distance services to the University of Western Ontario.
"The acquisition of WINCOM complements our existing line of services and increases our presence in an important market," said Ted Chislett, President and Chief Operating Officer of PRIMUS Canada. "The decision for WINCOM to join PRIMUS Canada reflects the strength of our national brand as a facilities- based Total Service Provider. Our leading market position along with our improved financial performance have enabled us to continue to make strategic acquisitions which enhance our ability to deliver value-added services to retail customers and further grow our market share."
Formed in 1994, WINCOM, or the Windsor Information Network Company Limited, is one of the Windsor area's oldest Internet service providers. WINCOM currently provides dial-up Internet, high-speed digital subscriber line (DSL) access, wireless connectivity, wide area network and virtual private network (VPN) services, and Web hosting services.
"This is extremely positive news for the loyal base of WINCOM customers, both the business segment as well as our base of residential Internet users," said Morris Whatmore, owner and President of WINCOM. "PRIMUS Canada brings our customers a host of new business-class services, as well as the reliability and robustness of the PRIMUS Canada network which has a national and global reach."
PRIMUS Telecommunications Canada Inc. is the largest alternative communications carrier in Canada with approximately 800,000 retail customers. The Company offers facilities-based voice, data, e-commerce, Web hosting and Internet services. As a leading Internet Service Provider in Canada, PRIMUS Canada has approximately 60,000 Internet subscribers served by a national network of Internet points-of-presence (POPs) for dedicated and dial-up access. PRIMUS Canada also offers local services to businesses, bundling them with its long distance and Internet services. The Company has a fully redundant and diverse Sonet network across Canada, extending from Quebec City to Victoria. PRIMUS Canada's national network consists of 2 Nortel DMS 500 switches with international connectivity through its parent company's global network, and ATM and IP nodes at major cities across the country. These network elements provide an integrated and converged backbone for all of PRIMUS Canada's voice, data, Internet and private line services. PRIMUS Canada is a wholly-owned subsidiary of McLean, Virginia-based PRIMUS Telecommunications Group, Incorporated (NASDAQ: PRTL - news). PRIMUS Canada news and information are available at the Company's Web site at www.primustel.ca.
For PRIMUS Telecommunications Group, Incorporated and PRIMUS Telecommunications Canada Inc.: Statements in this press release constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are based on current expectations, and are not strictly historical statements. Forward looking statements include without limitation statements set forth in this document and elsewhere regarding, among other things: the Company's expectations of future sales, management's plans, goals, expectations, guidance, objectives, strategy, and timing for future operations, predictions or expectations of future growth, results of cash flow; and management's assessment of market factors and future financial performance. Factors and risks that could cause actual results or circumstances to differ materially from those set forth or contemplated in forward-looking statements include: changes in business conditions, prevailing trade credit terms or revenues arising from, among other reasons, further telecommunications carrier bankruptcies or adverse bankruptcy related developments affecting our large carrier customers; DSL, Internet and telecommunication competition; changes in the regulatory schemes and regulatory enforcement in the markets in which we operate; the possible inability to hire and/or retain qualified sales, technical and other personnel, particularly as we continue to attempt to grow our data-centric services, and manage growth; and risks associated with international operations (including foreign currency translation risks); dependence on effective information systems; dependence on third parties to enable us to expand and manage our global network and operations; dependence on the implementation and performance of the Company's global ATM+IP communications network; and difficulty with customer migration or asset integration. As such, actual results or circumstances may vary materially from such forward-looking statements or expectations.
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