Name Change Reflects Commitment to Customers and Focus on Expansion of
Broadband Network in Rural Canada
WOODSTOCK, NB, May 26, 2011 /CNW/ - Ed and Bill Barrett, co-chairs of
Barrett Xplore Inc. along with CEO John Maduri and the entire national
team are pleased to announce that Barrett Xplore Inc. has rebranded to
Xplornet Communications Inc.
The change, effective May 24th, 2011, reflects the incredible success and growth of Barrett Xplore's
Xplornet brand, Canada's largest and best known rural broadband
service. "When Barrett Xplore launched in 2004, we came to the market
with a unique, even risky business plan - to use two technologies to
get broadband to every inch of Canada and focus on rural customers.
Using Ed and Bill's name as part of our corporate identity told the
Canadian business community that we were serious - with the weight of
two of Canada's leading entrepreneurs behind us. That helped us attract
the investment we needed to get us where we are today - the leading
provider of rural broadband and one of Canada's largest
telecommunications firms," said CEO John Maduri today. "Now, our focus
is solidly on an even faster expansion of our customer base. Our
customers know us as Xplornet - that is the brand they are subscribing
to, talking to their neighbours about, and seeing at work in regional
P3 projects from coast to coast. So, in recognition that our customers
are the lifeblood of this firm, we are pleased to be known from now on
simply as Xplornet Communications Inc."
Earlier this week, the company announced that it had completed a $230
million private financing. One of the largest Canadian telecom
financing announcements this year, the funds will be used to support
and aggressively expand Xplornet's broadband network across Canada to
the 2.4 million households that do not have access to real, affordable
broadband, and also to refinance some existing debt.
Xplornet thanks editors and reporters in advance for updating our name
in your contact lists. Xplornet spokespeople are available to comment
on issues relating to local or national telecommunications, rural
broadband, satellite technology and government policy relating to
About Xplornet Communications Inc.
Headquartered in Woodstock, New Brunswick, Xplornet Communications Inc.
(formerly Barrett Xplore Inc.) is Canada's leading rural broadband
provider, with customers and dealers in every province and territory.
Xplornet aims to bridge the urban/rural digital divide by ensuring that
every Canadian, regardless of where they live, has access to broadband,
thereby enabling them to compete effectively in the global economy and
gain access to essential government and educational services.
SOURCE Barrett Xplore Inc.
For further information:
or for interview requests contact:
Jeff Hecker, Director, Marketing Communications and Public Relations