Broadband Suppliers To Merge

RICHMOND HILL, ONTARIO— Universe2U, which deploys broadband networks, said it will acquire the broadband assets of Wisper Networks. Through the deal, Universe2U will acquire broadband connectivity customers which provide a $400,000 annual recurring revenue stream, supply contracts, agent agreements, and the equipment serving those customers with a value exceeding $200,000, which include: a wireless network with towers in Brampton, Mississauga, and Georgetown; expertise in broadband fixed wireless; customer care and trouble ticket applications; sales agent agreements; and strategic agreements with key suppliers such as Bell Nexxia, and Futureway Communications.