MONTREAL – Bell announced today it has acquired EBOX, a Longueuil, Quebec-based Internet, telephone and television service provider serving consumers and businesses in Quebec and parts of Ontario.
“Under Bell, EBOX will benefit from the resources and scale necessary to support the growth of the business and continue delivering improvements to the great services at competitive prices that have earned them loyal customers over the past 25 years,” a press release says.
The EBOX brand and operations will be maintained and EBOX will continue operating on a standalone basis.
Bell participated in a formal sale process as part of the acquisition, which was initiated by EBOX founders Jean-Philippe Béïque and Dominic Letourneau who decided it was time to pursue other challenges.
“We are delighted to join the Bell family and continue the great work that Jean-Philippe and Dominic started 25 years ago to provide great Internet service to customers in Québec and Ontario,” said Isis Thiago De Souza, vice-president and general manager of EBOX.
“This acquisition will enable EBOX to continue to provide great value and service to our customers with the added benefit of Bell’s scale and technology to help us grow our business and make EBOX available to even more residents and businesses in the years to come.”
“The acquisition of EBOX will further strengthen Bell’s presence in Québec, a key market for our business,” said Karine Moses, vice-chair, Québec at Bell, in the press release.
“I want to commend the founders, Jean-Philippe Béïque and Dominic Letourneau, for the great work they have done with EBOX to bring this company to the level it has reached today. I’m very proud and grateful that they put their trust in Bell to continue their mission in Québec.”
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Update:
Former CRTC chair Jean-Pierre Blais posted about the deal in a Linkedin post. “A lot of consultants will make money from this. But it is sad news,” his post reads. “It is a demonstration that Canada’s telecommunication sector is not competitive and is not serving the interests of hard working Canadian men and women.”
