TORONTO, May 9, 2013 /CNW/ - Frontier Networks Inc., (Frontier) a
leading Canadian provider of network communication solutions, announced
today that it has acquired 1,576,600 common shares in Radiant
Communications Inc. (the "Company"). The shares held represent
approximately 10.42% of the common shares currently outstanding. These
shares are held in 2104587 Ontario Inc.
According to Luigi Calabrese, President of Frontier, these shares have
been acquired to support our previously announced transaction regarding
Radiant Communications Inc. And we reserve the right to increase or
decrease our holdings at any time.
About Frontier Networks Inc.
Frontier Networks Inc. provides broadband, voice, cloud servers and
colocation to Canadian Retail and Multi Site customers who demand
world-wide coverage from a 'new' network. Our management and operating
team is loaded with industry specialists and our network is truly
high-speed and adaptive to properly support the requirements of
customers who wish to reduce costs substantially by combining their
broadband and voice services onto one, lower cost, network.
We have the highest density of regional Points of Presence available and
offer a 100% coverage policy. Simply put "we don't suck".
We encourage you to read up on Frontier Networks Inc. at www.frontiernetworks.ca or follow us on Twitter @frontiernetwork
SOURCE: Frontier Networks Inc.
For further information:
Contact: Luigi Calabrese, 416-847-5243, firstname.lastname@example.org