Acquisition strengthens WesTower’s Wireline Services offering in Western Canada
WesTower Communications Ltd. is pleased to announce its acquisition of Ryko Telecommunications Inc., a strategic addition to WesTower’s wireline construction and maintenance services offering in Western Canada. Ryko’s Regina and Warman, Saskatchewan offices and approximately 45 employees will now become a division of WesTower as part of the $14 million acquisition, presenting new expansion opportunities while the division continues to offer full maintenance support and project delivery for both Ryko and WesTower clients.
“Ryko has grown over the last 12 years to be the premier builder of fiber optic communication networks in Saskatchewan,” said Blair Russell, Owner and Partner at Ryko. “Now in becoming a part of WesTower, we can provide our valued clients even more opportunities for support as they expand their network deployments into new jurisdictions, backed by WesTower’s diversified service offering and robust teams of highly-trained and skilled professionals.”
“Ryko’s excellent reputation and expertise in aerial and underground fiber optic cabling with end-to-end civil construction services is a perfect fit as WesTower continues to evolve,” said Nathan Schauerte, President and CEO of WesTower. “We strongly believe that offering a full suite of turnkey services to create network-level solutions is what sets us apart in the industry. With the acquisition of Ryko, WesTower is well-positioned for future growth in deploying long-haul fiber networks that can further connect communities across Canada.”
Ryko Telecommunications Inc. began operations in 2009 with the rebuilding of cable systems, and has grown significantly to now help residences and businesses of all sizes succeed with the latest technology and reliable fiber optic networks in urban and rural areas throughout Western Canada. Over their years in the communications industry, Ryko has specialized in all facets of the installation of aerial and underground fiber optic and copper cable, and the maintenance and construction of cable systems.
Founded in 1990, WesTower Communications is Canada’s largest turnkey telecommunications construction company and is committed to meeting the dynamic needs of today’s telecommunications, broadcast, and utilities industries. From site development through to commissioning and comprehensive maintenance, WesTower delivers exceptional services in engineering, design, fabrication, construction, project management and Wireline Services for carriers and independent tower operators. Since 2011, WesTower has been part of the Exchange Income Corporation (EIC) group of companies.