5th July 2011

Xplornet Acquires RipNET

xplornetXplornet Communications Inc. (formerly Barrett Xplore Inc.) has acquired Brockville region ISP RipNET Limited, which currently operates in the eastern Ontario region that extends from Manotick to Gananoque, and as far north as Perth.

“We are delighted to welcome the RipNET customers into the Xplornet family,” said John Maduri, Chief Executive Officer of Xplornet Communications Inc.  “This acquisition increases our fixed wireless broadband footprint in eastern Ontario and continues our company’s mission to make affordable broadband Internet services available to every rural Canadian.”

This acquisition is effective immediately.  However, RipNET will operate as a wholly owned subsidiary of Xplornet. RipNET’s customers will continue to enjoy their current service and packages. Mr. Maduri noted that Xplornet looks forward to working with RipNET’ s team. “Over the last 16 years, RipNET has built a skilled and committed team, and they bring significant expertise to Xplornet,” said Maduri.

Technical support contact information, service and billing practices will remain unchanged for all RipNET customers.

“Xplornet is committed to the ensuring that fast, affordable broadband is available everywhere in Canada,” said Maduri today.  “This acquisition is complementary to the work we are doing to roll out 4G wireless and satellite broadband in Eastern Ontario over the next year that will give more Ontarians the opportunity to enjoy a robust broadband connection.

This entry was posted on Tuesday, July 5th, 2011 at 11:38 am and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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