August 7, 2008 -- (WEB HOST INDUSTRY REVIEW) -- Canadian telecommunications provider Blink Communications (blink.ca), an Oakville Hydro (oakvillehydro.com) subsidiary, announced on Wednesday that it has completed its acquisition of Milton Hydro Telecom from Milton Hydro Holdings. The details of the deal were not disclosed.
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The news follows another recent high-profile Canadian acquistion in which Montreal-based telecom Cogeco Cable purchased Toronto Hydro Telecom for C$200 million. The new subsidiary of Cogeco Cable is now operating under the name of Cogeco Data Services.
Representing one of the fastest growing communities within Ontario, Canada, Milton Hydro Telecom serves the community and its rapidly growing business and public sectors within the Town of Milton.
Oakville Hydro serves the electrical energy and communications needs of residential, commercial and industrial customers through its three integrated divisions: Oakville Hydro Electricity Distribution, Oakville Hydro Energy Services and Blink Communications.
"This strategic acquisition compliments our aggressive growth plans," says Troy Hare, president and COO at Blink Communications. "We will continue to pursue opportunities and strategies that extend our reach and compliment our existing business."
For over 10 years, Blink Communications has created a network infrastructure designed to service the specific needs of the business market.
The company says it offers cost-effective, fiber-based high bandwidth services for applications, including wide-area managed corporate networks, Internet, and data center colocation, for some of the largest organizations throughout North America.
