XO Communications is expanding its footprint into Canada. The US-based telecommunications company hopes to capture a piece of Canada’s telecom market for businesses.
The company plans to offer a range of services, including high-speed fibre internet, and will open its first office in Toronto.
“As the largest network hub in Canada and a major hub in North America, Toronto is a key business centre for the finance, high-tech, media and telecommunications industries,” Don MacNeil, XO’s chief marketing officer, said in a release. “Our expansion into Canada will enable XO to provide high-capacity network services to better serve businesses like these on both sides of the border.”
XO Communications will target small and medium sized business in Canada, according to The Globe and Mail, a market that is quickly becoming white hot. Hong Kong’s China Unicom opened an office in Toronto last month, while local telcos like Wind Mobile have launched small business wireless plans.