TORONTO-Wireless merger-and-acquisition activity continues with Wireless Age Communications Inc. and Wireless Frontier Internet Inc. both announcing purchases.
Wireless Age said it signed a letter of intent to acquire Westcan Wireless, Allcan Electronic Distributors and an investment in Bluewave Antenna Systems, which provide wireless broadband services in Canada.
“We have been trying to consummate an acquisition of Westcan, Allcan and Bluewave for quite some time, and we are extremely pleased that we were able to agree to terms,” said John Simmonds, the company’s chief executive officer. “In addition to the strong cashflow this transaction will generate, I am very pleased with the management team that will be joining our company.”
Wireless Age operates retail cellular and telecommunications outlets in cities in western Canada and offers prepaid phone cards, wireless accessories, land mobile radios and various battery and ancillary electronics products in Canada.
Separately, Texan rural wireless broadband provider Wireless Frontier Internet Inc. announced it will buy Texan Internet service provider Raytech Internet.
“The Raytech acquisition demonstrates that Wireless Frontier is prepared to acquire Internet service providers to allow a broadband offering where one did not exist before. This also shows that our integration team has the ability to integrate and operate remote facilities anywhere in the country,” said Jaime Velasco, the company’s executive vice president.
