Thursday, March 17, 2016

Birch to Acquire Primus Assets in Canada, U.S. and P.R.

Birch Communications agreed to acquire select assets and customers of Primus Telecommunications, one of Canada's largest independent, full-service, telecommunications service providers.  Financial terms were not disclosed.

Primus' more than 250,000 business and consumer customers will significantly expand Birch's service footprint. The transaction will also include 20,000 customers in the United States and Puerto Rico.

The companies said they complement each other from a product perspective, each offering industry-leading broadband internet, cloud-hosted PBX, dedicated data access, local phone, long distance and a variety of wholesale solutions.

"This transaction demonstrates our continued commitment to grow our service territory, product-set and customer base," said Vincent Oddo, President and CEO at Birch. "Primus customers will benefit from being part of a larger service provider with a strong commitment to award-winning customer care, and Birch customers will benefit from a new, significantly larger service territory. With the addition of the Primus assets, Birch expects that a significant portion of its revenue in 2016 will come from its fast-growing fiber and managed services segments."

The deal marks the 28th asset purchase for Birch.

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