In Canada, PSINet provides Internet access, Web hosting, security and e-commerce application services to the Canadian business and ISP markets. The company also delivers consumer and small business Internet services in the Calgary area through its wholly-owned subsidiary, CADVision. PSINet has about 50 points-of-presence, or connection facilities. It serves most major markets in the country, including Toronto, Montreal, Ottawa, Edmonton, Calgary and Vancouver.
PSINet Canada was acquired by TELUS on June 20, 2001.
Join Mergr to view all 46 acquisitions of communications companies in 2001, including 22 acquisitions by private equity firms, and 24 by strategics.
Out of 60 sectors in the Mergr database, communications ranked 7 in number of deals in 2001. The largest communications acquisition in 2001 was T-Mobile USA - which was acquired by Deutsche Telekom AG for $45.0B.
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