I’m delighted to announce that today marks the official close of Digital Colony’s acquisition of Cogeco Peer 1. This is an exciting evolution for us as it will give us more independence and agility which will enable us to focus on our employee, customer and partner success.
Our new company, which will be renamed in the coming weeks, will remain headquartered in Toronto, Canada and will continue to deliver exceptional products and solutions, through two newly created business units. The Fiber business unit will become Canada’s first neutral-host provider of small cell and 5G infrastructure and enterprise and wholesale fiber connectivity. The other business unit will concentrate on growing the company’s data center portfolio in North America and Europe, offering hybrid-solutions and managed services to a global customer base.
I am very grateful for what we have accomplished together with Cogeco Communications. Under our new ownership, we will contribute to grow, invest and have a relentless focus to better serve our customers in meeting their fiber and data center needs as a neutral-host provider of digital infrastructure.
I look forward to sharing more details and our plans.
For more details, you can view the press release here.