05.28.18 / news
Acquires control of I-Mobileca and its licensed spectrum
Quebec City – May 28, 2018 – Iristel Inc., Canada’s fastest-growing telecom provider and owner of a mobile network operator in Canada’s North, has acquired I-Mobileca and its licensed spectrum and will begin offering real choice to consumers and business in Eastern Quebec.
“This is really exciting for us to provide excellent cellular services at better prices for both residents and industries in this huge region from Quebec City eastward,” says Iristel President and CEO Samer Bishay. “The big three wireless oligopolists have done their best to keep our competitive and innovative wireless operations contained in the North, but no more. This is just the beginning.”
Iristel has taken majority control of I-Mobileca and company founder Dr. Hing-Sang Hum will retain a significant equity position and remain chairman of I-Mobileca. Mr. Bishay will assume the title of President and CEO of I-Mobileca Inc. Mobile services will be under the Iristel brand.
“This partnership means we can begin to deploy services almost immediately while the new extended network is being in assembled,” Dr. Hum says. “At the end of the day, clients will be better served at a lower price. We’re excited to work with Iristel, a partner with the same vision on how the market should be served.”
The spectrum owned by I-Mobileca covers an area with a population of 535,000 mostly in rural Quebec and Ontario. Rural service is an expertise that Ice Wireless, an Iristel affiliate, has acquired in serving in Canada’s North.
“This is more than simply offering the latest smart phones,” Mr. Bishay says. “With Dr. Hum’s medical expertise, we envision many other applications such as enhanced telemedicine services to people in remote areas of northeastern Quebec and advanced IoT (Internet of Things) applications.”
Cellular connectivity will begin in June 2018 and operating on an efficient and cost effective wireless 3G-4G/LTE network.
About I-Mobileca Inc.
I-Mobileca is a licensed Canadian wireless mobile telecommunications enabler and operator, headquartered in Trois Rivières, Quebec. Currently, it focuses on wireless data for machine-to-machine (M2M) applications. The company has Innovation, Science and Economic Development Canada issued spectrum licenses that allows it to provide wireless services covering the regions of Kirkland Lake, Ontario and Eastern Quebec (in the Lower Saint-Lawrence, the Gaspésie, the North Shore and certain areas of the Beauce). The spectrum licenses entitle the company to operate an LTE (Long Term Evolution) based GSM (Global System for Mobile Communications) wireless communication network in this area, providing voice and data services.
I-Mobileca Media Relations, Nagui Naoum firstname.lastname@example.org. +1-438-863-1093
About Iristel and Ice Wireless
Iristel is Canada’s fastest-growing carrier providing innovative communication services that are changing how consumers and businesses communicate. Founded in 1999, Markham-based Iristel operates Canada’s largest facilities-based local voice network extending Coast-to-Coast-to-Coast as well as Ice Wireless, a GSM carrier with operations in Canada’s Far North.
www.iristel.com email@example.com +1-416-800-0010