History
As Regional Cablesystems, the company began operations in 1986 in Newfoundland. It expanded through the acquisition of non-metropolitan cable systems in Canada through the 1990s — notably Northern Cable in 1998, which gave the company two of the largest markets, Sudbury and Timmins, that it ever served as an independent company — and changed its corporate name to Persona in 2001.
Formerly traded on the Toronto Stock Exchange, the publicly listed company went private in 2004 when it was bought by Dallas-based Hicks Muse Tate & Furst Inc. (now HM Capital), TD Capital Canadian Private Equity Partners (now Birch Hill Equity Partners) and CIBC World Markets Inc.
On May 4, 2007, EastLink announced a purchase offer for Persona, for an undisclosed price. The deal was approved by the Canadian Radio-television and Telecommunications Commission (CRTC) later that year. Persona's cable services in Newfoundland and Labrador were rebranded in 2008 as EastLink, although systems elsewhere in Canada remained branded as Persona. In May 2009, this rebranding was extended to Ontario and Quebec. The Persona name was still used in parts of Western Canada until 2010.
On July 1, 2009, Persona sold its cable operations in Saskatchewan to Access Communications.
Read more about this topic: Persona Communications
Famous quotes containing the word history:
“America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.”
—Georges Clemenceau (1841–1929)
“The history of the world is the record of the weakness, frailty and death of public opinion.”
—Samuel Butler (1835–1902)
“America is, therefore the land of the future, where, in the ages that lie before us, the burden of the World’s history shall reveal itself. It is a land of desire for all those who are weary of the historical lumber-room of Old Europe.”
—Georg Wilhelm Friedrich Hegel (1770–1831)