MONTREAL and WARWICK – Videotron announced today it has acquired independent cable company and ISP Cablovision Warwick and its network.
Owned and operated by the Ouellette family for 47 years, Cablovision Warwick serves the municipalities of Warwick, Kingsey Falls and Saint-Félix-de-Kingsey in the Centre-du-Québec region (just south of Trois Rivieres), which collectively have a population of about 8,200. The purchase price was not disclosed.
“Cablovision Warwick is so highly regarded and known in the region because of the incredible work of David Ouellette and his family over the past four decades,” said Pierre Karl Péladeau, president and CEO of Videotron’s owner Quebecor, in the press release. “We are proud to join forces with another family business to offer the best in telecommunications.”
“Videotron is very proud of this acquisition,” added Jean-François Pruneau, president and CEO of Videotron. “We plan to invest in Cablovision Warwick’s existing infrastructure in order to offer residents and businesses in the towns they currently serve our state-of-the-art product line.” That means Helix is on its way to Warwick.
“Customer needs are changing quickly and I firmly believe that Videotron is the company best able to respond to these transformations,” said David Ouellette, president of Cablovision Warwick. “It was only natural for me to pass the torch to Videotron because of the ties we have developed over the years.”
