News and Updates From Axia

Axia and Partners Group Complete Going Private Transaction

July 29, 2016

CALGARY - Axia NetMedia Corporation ("Axia") (TSX: AXX) and Partners Group AG ("Partners Group") are pleased to jointly announce the completion of the plan of arrangement announced on March 9, 2016 (the "Arrangement") involving Axia, the holders ("Shareholders") of common shares ("Shares") of Axia and Digital Connection (Canada) Corp. (the "Purchaser"), an entity owned by investment vehicles managed and/or advised by Partners Group, or its affiliates.

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Partners Group Acquires Axia

March 9, 2016

CALGARY - Axia NetMedia Corporation ("Axia") (TSX: AXX) announced today that it has entered into an arrangement agreement (the "Arrangement Agreement") under which Partners Group, on behalf of its clients ("Partners Group") has agreed to indirectly acquire all of the outstanding common shares of Axia (the "Shares") for a cash payment of $4.25 per Share (the "Arrangement"), representing total equity value, on a fully diluted basis, of approximately $272 million. 

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The Alberta SuperNet

Axia partnered with the Alberta government to create an all fibre backbone network across the province, called the Alberta SuperNet. This open-access network provides equal access for municipalities, justice, health care, education, and businesses. Axia has invested significant resources to upgrade and extend the coverage of this fibre backbone network, and we’re ready to connect nearly everyone to the fastest, most reliable data transport services with Axia FibreNet.

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FibreNet Expansion: Summer 2015

During Summer 2015 we expanding our FibreNet services across the province, which will drastically increase our area of coverage and benefit many enterprise and carrier customers immediately. Our investment in a province-wide grid that connects previously stranded communities offers many advantages to Alberta and its citizens. Highlights include: enhanced reliability for communities, businesses, and government facilities; a comprehensive fibre grid with independent and expert management; and upgrades to best in class electronics.

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Axia’s Covage wins Fibre-to-the-Home Network in Seine-et-Marne

January 13, 2015
Axia announced today that its French company, Covage, has been awarded an agreement to partner with local governments to deploy a Fibre-to-the-Home (FTTH) network in Seine-et-Marne. The network will pass 319,000 homes when complete.

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OpenNet in Singapore

With a population of over five million, Singapore has a strong geographic position and entrepreneurial attitude which makes it a key player in Southeast Asia and the global marketplace, and a telecommunications hub for the region.

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