It has hired bankers and launched a formal sale process, says sources familiar with the discussions
lightrush
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41Y

Totally. But this is very different from buying TekSavvy. TekSavvy serves the vast majority of their customers via ROBeLUS’es last mile infrastructure. They can’t do that via regional wireless and so whoever buys them will have to keep paying ROBeLUS. If they can’t break even at this point, a new owner such as a co-op will have the same problem. The only owner that won’t is ROBeLUS. The only solution to this conundrum is federal intervention via CRTC, Industry Canada or the government itself. My guess we’ll hear from Jagmeet first.

@jerkface@lemmy.ca
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41Y

Oh god no, I don’t think the suggestion is we should form a co-op that buys TekSavvy. I can think of a lot of reasons that’s impractical. But I think there is realistically a space for Internet co-ops to be viable for some parts of Canada, if not universally.

@jerkface@lemmy.ca
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1Y

who’s in to form a co-op and buy them?

dang, nvm. *puts sword away*

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