Article: Group Telecom announces further expansion in Atlantic Canada.

Acquisition of C1 Communications Inc.'s Atlantic Canada operations

strengthens Group Telecom's presence in the region and its position

as Canada's largest independent facilities-based Competitive Local

Exchange Carrier

TORONTO, Oct. 16 /PRNewswire/

- GT Group Telecom Inc. (TSE: GTG.B, NASDAQ: GTTLB) today announced the acquisition of C1 Communications Inc.'s Atlantic Canada assets and business. The transaction valued at approximately C$70 million includes the acquisition of C1's Atlantic Canada competitive local exchange carrier business including fibre optic network, "on net" buildings, related assets, customers and ...

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