TekSavvy puts itself up for sale amid industry turmoil
TekSavvy puts itself up for sale amid industry turmoil
It has hired bankers and launched a formal sale process, says sources familiar with the discussions
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What industry turmoil?
13 0 ReplyTekSavvy is the last remaining large internet wholesale provider, as others have been snapped up by bigger rivals in what independent ISPs describe as a challenging regulatory environment.
Roughly half a dozen independent ISPs have been sold since February of 2022From the article
20 0 ReplyPersonally I wouldn't call that turmoil. I'd call it industry consolidation.
12 0 ReplyConsolidation can be tumultuous; but I’m just citing the article. They go into much further depth about the situation.
10 0 Reply
the only turnmoil is the TPIA. When the wholesale rate (regulated by the CRTC) is higher than the retail rate....
But the corruption of our Government[1] is right in our face.
[1] it's corruption, not incompetent. Also it is pan-partisan. Whichever would be at the helm would be paid for by the telecartel.
3 0 Reply