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MONTREAL, Jan. 7, 2013 (GLOBE NEWSWIRE) -- Colba.Net Telecom Inc. (CNSX:CB), a leading telecommunications company in Quebec, announced today the expansion of its new Internet Protocol Television (IPTV) service in Alberta, Saskatchewan and Manitoba. This follows a recent decision by the Canadian Radio-Television and Telecommunications Commission (CRTC) approving the application by Colba.Net Telecom Inc. for a broadcasting regional licence to operate a Class 1 terrestrial broadcasting distribution undertaking to serve the following communities: Airdrie, Beaumont, Blackfalds, Calgary, Chestermere, Cochrane, Crossfield, Edmonton, Fort McMurray, Leduc, Lethbridge, Nisku, Penhold, Red Deer, Strathmore and Sylvan Lake, and their surrounding areas, Alberta; Estevan, Moose jaw, North Battleford, Prince Albert, Regina, Saskatoon, Swift Current, Weyburn and Yorton, and their surrounding areas, Saskatchewan; and Winnipeg and surrounding areas Manitoba.
This new IPTV service offers several high definition (HD) channels, including some of the most popular American and Canadian channels.
"Once again we are thrilled and proud to expand this new IPTV service to new communities in Alberta, Saskatchewan and Manitoba. Our whole business model, corporate values and reputation are based upon offering the best possible products and services at unbeatable prices. We strongly believe that both the industry and consumers stand to greatly benefit from increasing competition in our fast growing industry sector. By offering IPTV service, Colba.Net is now a player in the big league of telecom providers and cable distributors," said Mr. Joseph Bassili, President and Chief Executive Officer of Colba.Net.
Colba.Net Telecom Inc. is a leading edge telecom company offering very high speed Internet access, telephony services and IPTV at very competitive prices, compared to other major telecom and cable companies.
Disclaimer in regards to Forward-looking Statements
Certain statements included herein, including those that express management's expectations or estimates of our future performance constitute "forwarding-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, the Corporation does not intent, and undertakes no obligation, to update any forward-looking statement to reflect, in particular, new information or future events.
CONTACT: Mr. Joseph Bassili
President and CEO
Keywords: TELECOMMUNICATIONS, INTERNETBroadcast,Management,Internet/Web,Business,Internet,Law,Broadcast Technology,IPTV, Inc.,Television,Internet Technology,Business,Internet,Other,
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