COGECO CONNEXION ANNOUNCES THE ACQUISITION OF OXIO

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[{"type":"text","content":"\n \n \n \n COGECO CONNEXION ANNOUNCES THE ACQUISITION OF OXIO\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n MONTRÉAL\n \n ,\n \n \n Feb. 21, 2023\n \n \n /CNW/ - Cogeco Connexion announced today the acquisition of the telecommunications operation of Internet service provider oxio, which will continue to operate independently and serve its customers using its brand.\n \n \n \"As we are making the strategic shift to focus exclusively on the growth of our software business, Cogeco presented itself as the best home for our Internet customers,\" said Marc-André Campagna, Chief Executive Officer and co-founder of oxio. As a\n \n Quebec\n \n -based company with a human scale and an entrepreneurial culture, we believe that Cogeco is best-positioned to enable oxio to reach new heights.\"\n \n \n Frédéric Perron, President of Cogeco Connexion, concluded: \"Oxio is an attractive brand with high customer satisfaction and a great team. Its home Internet offering, based on a digital-only experience, is an exciting addition to our wide range of high-quality telecommunications services.  With the acquisition of oxio, Cogeco Connexion will now have a second brand to serve the telecommunications needs of Canadians.\"\n \n \n As part of the transaction, Cogeco Connexion will also license gaiia, oxio's proprietary software, and use it to serve oxio's customers.\n \n \n \n ABOUT OXIO\n \n \n \n Oxio provides fair and sustainably priced Internet and telecommunications services to residential customers in\n \n Canada\n \n , currently serving customers in\n \n Quebec\n \n ,\n \n Ontario\n \n and western provinces.\n \n \n \n ABOUT COGECO CONNEXION INC.\n \n \n \n Cogeco Connexion regroups the Canadian cable operations of Cogeco Communications Inc. Cogeco Connexion is the second largest cable operator in\n \n Ontario\n \n and Québec based on the number of Internet service customers served. It provides its residential and small business customers with Internet, video and telephony ...

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