Internet Services

[TORONTO] – February 3, 2020 ‒ Beanfield Technologies Inc.

(“Beanfield”), an independent telecommunications infrastructure provider in Canada serving the enterprise, carrier and multi-dwelling units markets, today announced its acquisition of Openface Inc. (“Openface”), a leading provider of fiber-based telecom services primarily to small and medium-sized businesses as well as enterprise customers. Financial terms of the private transaction were not disclosed.

Openface serves a well-diversified customer base spread across Montreal through a portfolio of 100 kilometers of owned fiber, more than 200 on-net buildings, and over 3,000 near-net buildings. The company maintains its own construction and installation team, which has given Openface a well-earned reputation for expertise in fiber construction and experienced domain knowledge of Montreal and the city’s buildings. As part of the transition, Openface’s employees will join Beanfield and the company will maintain its current location in Montreal providing Beanfield with an additional presence in the city.