AT&T SELLING ITS LONG DISTANCE CUSTOMER BASE
By Adnews Staff
In a deal announced Monday, Toronto-based AT&T Canada Corporation is selling its residential long distance customer base and Internet network to Primus Telecommunications Group Incorporated of McLean, VA, for $57 million (Cnd). Primus' purchase of AT&T's long distance business follows the firm's March 1999 acquisition of London Telecom, a long distance carrier, and the February 1999 acquisition of GlobalServe, a Canadian Internet service provider. "This deal is consistent with the AT&T Canada strategy of partnering with strong companies to deliver more and better services to customers as we expand our business in Canada," AT&T Canada small business and wholesale president Don Morrison said. As a result of this deal, Primus will rank as the second largest residential long distance carrier in Canada with 650,000 voice customers and 50,000 Internet/data customers.