Cogeco Buys MTO, Eyes Biz Services Growth

Canadian operator Cogeco Cable announced the acquisition of MTO Telecom, the largest private telecommunications provider in the Greater Montréal Area and the Province of Québec. MTO will be integrated with Cogeco Data Services, Cogeco's business communications subsidiary.With more than 1,500 kilometers of fiber, MTO covers the island of Montréal and serves carrier, enterprise and public sector customers with IP-based Ethernet services."MTO Telecom is a prominent player in the business communications market in Montréal and is well-positioned to contribute positively to our organization," said Louis Audet, Cogeco president and CEO, in a statement. "Combined with the recent acquisition of Quiettouch Inc., this transaction provides CDS with a unique opportunity to expand its footprint and offer its large business customers a broader network and range of services."