MCLEAN, VA--(Marketwired - Apr 17, 2013) - Primus Telecommunications Group, Incorporated (PTGi) (NYSE: PTGI), a global facilities-based integrated provider of advanced telecommunications products and services, announced that it has sold BLACKIRON Data ULC (BLACKIRON Data), PTGI's pure data center operations in Canada, to Rogers Communications Inc. (Rogers) for approximately CAD$200 million. The transaction signed and closed on April 17, 2013.
BLACKIRON Data serves approximately 4,000 customers, reported 2012 revenues of US$34 million and owns and operates a total of eight data centers in five major cities in Canada: two data centers in Ottawa, Ontario, three data centers in the Toronto, Ontario area, one data center in London, Ontario, one data center in Edmonton, Alberta, and one data center in Vancouver, British Columbia, through which colocation, cloud computing, managed services, storage, backup, and other value added services are offered.
Peter D. Aquino, Executive Chairman, stated, "The sale of BLACKIRON Data to Rogers marks a successful monetization of one of our worldwide assets. Looking ahead, the Board will consider various options for deploying the net cash proceeds of this sale."
"Having separated our data center assets, rebranded BLACKIRON Data, and through our commitment to investing in fully certified Tier III capacity expansions and a second-generation cloud platform, we created a highly attractive portfolio across Canada," added Andrew Day, President and CEO of PTGi.
Terry Canning, Senior Vice President, Rogers Business Solutions, stated, "We are delighted to bring BLACKIRON Data into Rogers Business Solutions. BLACKIRON Data has an impressive national footprint of 8 data centers providing data center, cloud, managed and professional services to approximately 4,000 customers across Canada. This presence, along with its skilled and passionate team will ensure our collective sales teams are armed with the latest managed/hosted service offerings to meet the needs of current and prospective customers. We enthusiastically welcome BLACKIRON Data customers and employees to Rogers Communications."
The transaction was approved by the PTGi Board of Directors and the Special Committee of the Board of Directors.
PTGi (Primus Telecommunications Group, Incorporated) is a leading provider of advanced communication solutions, including traditional and IP voice, data, mobile services, broadband Internet, metro fiber and Carrier Ethernet to business and residential customers in Canada and the United States. PTGi is also one of the leading international wholesale service providers to fixed and mobile network operators worldwide. PTGi owns and operates its own global network of next-generation IP soft switches, media gateways, hosted IP/SIP platforms, broadband infrastructure, and fiber capacity in Canada. Founded in 1994, PTGi is headquartered in McLean, Virginia.
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