Coastline is a Regional Cable TV Operator in British Columbia
VANCOUVER, July 18, 2013 /CNW/ - Vancouver-based Investel Capital
Corporation is pleased to announce today that it has reached an
agreement to purchase all issued and outstanding shares of Coastline
Broadcasting Ltd. of Black Creek, British Columbia.
Under the share purchase agreement Investel will assume complete
ownership of Coastline and take over all operations on July 31, 2013.
The acquisition of Coastline represents another milestone in Investel's
portfolio of telecommunications companies and its first cable
About Investel Capital Corporation
Investel Capital Corporation is an innovative investment fund
specializing in the acquisition of telecommunications companies. With
offices in Vancouver and Toronto, Canada, it focuses on investing in
both distressed and underachieving telecom companies that have good
recurring revenue but low profitability. Target companies have
immediate access to a comprehensive network resources and
infrastructure including highly experienced management, administration
services, engineering, customer support and network operations. But
reducing operating costs and administrative burdens, companies can
focus on growth.
About Coastline Broadcasting Ltd.
Coastline Broadcasting Ltd. is a regional cable television operator in
British Columbia. It currently serves 800 subscribers in the Courtenay
SOURCE: Investel Capital Corporation
For further information:
Investel Capital Corporation
Coastline Broadcasting Ltd