Xplornet Acquires Swift High Speed

September 9, 2021

Xplornet Communications Inc. has acquired Swift High Speed, a facilities-based rural broadband provider headquartered in Steinbach, Manitoba, including its customers, operations, 218 km of fibre and 119 broadcast towers. The deal transfers Swift High Speed's customers and network to Xplornet while the existing ownership is spinning out employees and equipment into a new fibre installation business, Swift Underground, to continue working with Xplornet on regional FTTH buildout.

Buyers
Xplornet Communications Inc.
Targets
Swift High Speed
Location
Manitoba, Canada
Transaction Type
Buyout

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