Telehop Communications Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Telehop Communications Inc signs letter of intent to acquire G3 Telecom including wireless operations
Telehop Communications Inc:Says expansion into wireless services by signing a letter of intent to acquire G3 Telecom's business including wireless and United States operations, and a private placement of C$3 million of 10% unsecured five year debentures.Says the purchase price for the business will be C$4.3 million, payable C$2.0 million in cash on closing and, C$1.5 million over 24 months with interest at 5 pct, and C$800,000 by the issuance of eight million common shares of Telehop.Says the proceeds of the debentures will finance the cash payment and the closing and integration costs of the new G3 business with Telehop.
Latest Developments for Telehop Communications Inc
- Telehop Communications announces acquisition of Global SIM and Wi-Fi Roaming Business
- Telehop Communications Inc gains wireless spectrum, international presence with acquisition of G3 Telecom
- Telehop Communications Inc enters into definitive agreement to acquire G3 Telecom Companies and Wireless Spectrum
- Telehop Communications Inc Announces Acquisition of G3 Telecom Business Unit
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