More Fiber M&A: Cogeco Buys MTO

This week’s fiber M&A comes courtesy of Canadian MSO Cogeco, which said that it is buying MTO Telecom.  MTO operates 1500km route miles of fiber on the island of Montreal, mostly of the 432 count variety. They serve carriers, enterprises, and the public sector. I’m less familiar with metro fiber assets north of the border, and haven’t run into a map of MTO’s network or a sense of their on-net building penetration yet.

Cogeco will integrate the MTO assets into its business communictions subsidiary, Cogeco Data Services. Like US cable providers, Cogeco is taking an increasingly aggressive approach toward the business marketplace. However, they are also buying fiber it seems, which will give them a different flavor. They already operate a substantial Toronto metro network, though I’m not sure what they may have in Montreal already.

Earlier this summer Cogeco also purchased Quiettouch, an IT and infrastructure outsourcing outfit.

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Categories: Cable · Mergers and Acquisitions · Metro fiber