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| CityWest is expanding again, this time with a partnership agreement with the Cortes Island company Twinncomm |
Less than two weeks after announcing their first move to Vancouver Island and the acquisition of a communication service in Bamfield, Prince Rupert based communication company CityWest has another community to put up on the service map.
The Prince Rupert company announcing this afternoon of a partnership agreement with Twincomm, a local internet service provider based on Cortes Island, located in the Strait of Georgia between Campbell River and the mainland.
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| Cortes Island located in Georgia Strait Northeast of Campbell River is the latest destination for Prince Rupert's communication provider CityWest |
In their announcement today, CityWest also noted that Constantinos (Dino) Tsakonas, who has steered the Twincomm business on Cortes Island in recent years will take on duties as the CityWest Regional Manager for the area.
“For me, this feels like a homecoming of sorts, I used to be a happy customer of the company, back when it was called CityTel and before I moved to Cortes Island, and I know how much of a value they put into customer service. There’s a great community on Cortes Island who deserve the very best fibre-to-the-home services, and I’m looking forward to working with the CityWest team to bring that here.”CityWest's expansion to Cortes Island will also make for the first community to have fibre in the ground as part of the Connected Coast initiative, which CityWest has partnered on with the Strathcona Regional District.
CityWest CEO Stefan Woloszyn noted of the work required to get the next step of the company's expansion plans underway.
As they move into the new territory, CityWest is launching a "Dropping In" campaign to introduce themselves and to encourage residents of Cortes Island to sign up for the fibre optic option that they will offer.
No terms related to the financial themes of the partnership were released as part of the announcement.
You can review more on today's announcement from this information release from CityWest.
For more notes on the Prince Rupert communication company see our archive page here.
Citywest isn't loyal to the north, our council is far too loyal to Citywest.
ReplyDeleteHere is why, northern projects are left incomplete and the company has left Prince Rupert taxpayers holding their $20+ million sack of debt.
This resident, like others I'm sure would appreciate an open council session with Citywest so they can explain;
- How is their expansion being funded? Federal grants courtesy of the connected coast initiative, or fueled by more city loans?
- When will they complete the F2H project in Rupert?
- Will the city be bold and impose a performance penalty if F2H is not completed by an agreed upon date?
- In what year does the City of Prince Rupert expect Citywest to pay off their $20+ million debt?
- Is there a preview of what Citywest's upcoming debt payment (aka dividend) to that $20 million will look like after their banner revenue last year?
Since 2005, Citywest has remitted $8.8 million in debt repayment. ( aka dividends / novelty cheques)
During that time,
- Citywest has missed dividend payments to the city of Prince Rupert
- The city of Prince Rupert forgave $20 million in debt.
- Citywest is currently $20+ million in debt with the city of Prince Rupert
Servicing their debt isn't good enough anymore.
Imagine if city council went after Citywest with the same zest and zeal they did with the Port Tax and Ridley Island Tax Agreements?