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FOR IMMEDIATE RELEASE
August 20, 2007
Halifax, Nova Scotia - Eastlink and RuSh Communications Ltd. announced today that a purchase and sale agreement has been signed which will see Eastlink acquiring RuSh Communications Ltd as of September 1, 2007.
"We're excited about this purchase because it allows us to expand Eastlink's footprint in Nova Scotia and build an even stronger presence," said Lee Bragg, Co-Chief Executive Officer of Eastlink. " We look forward to providing our new customers with the communications and entertainment options that have become synonymous with the Eastlink brand."
RuSh Communications serves customers throughout Nova Scotia with its largest systems located in the Bridgetown area of the Annapolis Valley, the Clare area of Digby County, Milford, Port Hawkesbury, Richmond, Canso, Eskasoni, Mulgrave, and Port Hood.
"Eastlink has a very successful track record of acquiring systems and transitioning customers to Eastlink's operational systems and services," said Dan McKeen, Co-Chief Executive Officer. "We expect to introduce our new customers to Eastlink services in a rapid timeframe as most of these systems can be reached with Eastlink's existing fibre optic network. This is great news for RuSh customers as they can expect to have more choices in their communications services in the very near future."
Eastlink was named one of Canada's 50 Best Managed Companies in 2006 and led the cable industry as the first cable company to launch a competitive local telephone service over a coaxial cable network.
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