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Aernet Wireless Sells Wireless Internet Access Service Business

9/15/08 - Barrett Xplore Inc. (BXI) is pleased to announce the purchase of Aernet Wireless' Internet services business from K-Line Construction Ltd. Aernet Wireless currently delivers Internet services to residential and business customers from more than 50 communities across New Brunswick. Aernet was recognized by Business New Brunswick in 2005 as one of the province's most innovative companies for creating and delivering New Brunswick's first wireless Internet service.

Effective September 30th, the deal will see the sale of assets associated with the delivery of Aernet Wireless Internet services to BXI, and transfer more than 1,900 customers to Xplornet. This acquisition, when combined with a recent purchase of 3.5 GHz WiMAX spectrum and expanded satellite capacity, gives Xplornet unmatched Internet services capabilities across rural New Brunswick.

"We're excited to welcome Aernet customers into the BXI family," said John Maduri, CEO of Xplornet. Over the coming months, Xplornet will integrate Aernet operations into its network and work closely with Aernet customers to ensure a smooth transition with limited service interruptions. "Aernet is a great New Brunswick success story," said Maduri. "BXI is pleased to have the opportunity to expand the Aernet network and take a significant step towards ensuring that all New Brunswickers have access to urban-quality broadband Internet."

"We are proud of the contribution Aernet Wireless has made to the delivery of rural high-speed Internet in New Brunswick," said Gary Keenan, President of K-Line Construction Ltd. "Since 2003, we offered our customers an excellent product and were fortunate to build a loyal customer base. We are grateful for each and every customer and know they will be in good hands with Barrett Xplore. We offered our customers and clients an excellent product for five years. We built a solid and loyal base of customers and clients for which we are very appreciative, and we gratefully wish them continued success with Barrett Xplore," he added.

Between now and September 30th, Aernet customers should continue to direct all inquiries to the Aernet support line. After September 30th, BXI will take over billing and support for Aernet customers. Throughout the fall, BXI will work to keep current Aernet customers apprised of any updates, including information on new products and services.

 


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Keywords: barrett xplore, john maduri, loyal customer base, wireless internet services, internet services business, wireless internet service, aernet, service interruptions, bxi, xplornet, loyal base, k line, satellite capacity, urban quality, Satellite Broadband

By Robert Hoskins

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