By creating a new reputable telecommunication infrastructure company in Alberta, Telecon and Chemco will strengthen their presence within the Western Canadian market and ensure adequate resources are available to meet predictable delivery models, in a context where clients are looking for increased speed, transparency and reliability in the deployment of their telecommunication network turnkey projects. Chemco Telecon Infrastructure will benefit from both companies’ extensive project management expertise and will be able to exert greater control and efficiencies in fiber deployment infrastructure activities.
“We are particularly proud of our new strategic partnership with Chemco. The creation of Chemco Telecon Infrastructure Group Inc. will provide us with a reliable, long-term and dedicated infrastructure capability to support our growing turnkey FTTH activities in Western Canada,” commented André Héroux, President and CEO of Telecon.
“Our organizational strengths such as large capacity infrastructure construction management and execution, combined with Telecon’s industry leading design and delivery model, have allowed us to create a new solution to support our clients existing, and future FTTH activities across Western Canada,” points out Brian Halina, President and CEO, Chemco Group of Companies.
The Industry Context
The demand for increased connectivity, greater bandwidth and faster internet speeds are poised to drive significant infrastructure investment in fiber network deployment.
Telecon and Chemco had signed a first agreement in 2015 and have successfully cooperated in a prime-sub relationship for the execution of fiber optic cable OSP network builds and civil construction in relation to the FTTH deployment activities.
With a 50-year history, 3,000 highly-skilled and engaged employees and 49 business locations from coast to coast, Telecon is one of Canada’s largest telecommunication network service providers. It delivers a large variety of industry-leading design, infrastructure and connectivity solutions to the country’s most notable telecommunication companies, with portfolios in wireline, wireless, cable television, data, internet, IPTV, information and communication technology.
Employee owned and operated, Chemco has been providing clients with a wide range of construction and maintenance services for over 50 years. With employment exceeding 2,800, Chemco has built a reputation on the ability to execute projects efficiently, with transparency and predictability. With extensive experience in Western Canada, Chemco has continued to deliver an execution model which exceeds client expectations. Core values of People First, Safety and Accountability have allowed Chemco to execute some of the most diverse projects in recent Western Canadian history.
Montreal, July 13, 2017 - Telecon Inc. has announced today the closing of a $70 million equity financing to support its continued growth as a leading provider of telecommunication network services in Canada. The transaction is being led by Clearspring Capital Partners ("Clearspring") who will become a 35% shareholder of the company. Caisse de dépôt et placement du Québec ("Caisse"), who will maintain their 30% ownership in Telecon, and members of Telecon's senior leadership team will also participate in the financing (...)
Telecon will be hosting a Construction Job Fair on December 5th from 11 am to 7 pm and December 6th from 8 am to 3 pm at Delta Toronto East, 2035 Kennedy Road, Toronto (Ontario).
Free parking provided.
TRANSLATION OF LA PRESSE ORIGINAL INTERVIEW
MAJOR INTERVIEW La Presse+ by Jean-Philippe Décarie From Trois-Rivières to Vancouver In less than three years, Telecon Group has successfully completed its nationwide deployment. Originating in Trois-Rivières, the company—which began by installing telecommunications networks in eastern Québec—has succeeded in establishing a cross-Canada presence through a strategic acquisition that allowed it to double its size, revenues and profits. And there’s more to come.
Telecon is proud to officially launch its employee brand SMART e along with its promotional logo. The organization acquires an image and « trademark » that are representatives of women and men currently working within the company. At the same time, it gives to people wishing to be part of Telecon’s team an idea of looked-for attributes and state of mind.
A new Strategic Partnership between Telecon and Chemco
Montreal, June 5th, 2017 –Telecon and Chemco are pleased to announce a new strategic partnership that will lead to the creation of Chemco Telecon Infrastructure Group Inc. Operated and owned equally by Telecon and Chemco, this new corporation will provide quality infrastructure services under Telecon’s turnkey fiber optic to the home (“FTTH”) solutions.
On 15 July, Telecon and Promark-Telecon offices located in Pointe-aux-Trembles will be moving to 7450 rue du Mile End, Montreal, Quebec H2R 2Z6
Thanks to funding from Capital régional et coopératif Desjardins (CRCD) and La Caisse de dépôt et placement du Québec (La Caisse), Groupe Telecon, headquartered in Trois-Rivières, has acquired the engineering services division of Netricom. The transaction allows Telecon Group to deliver to its clients a modular or comprehensive offering of integrated telecommunications and power infrastructure services including design, location of utilities, construction, installation, repair and maintenance.
Telecon awarded a three-year maintenance contract for the Centre de services partagés du Québec’s RENIR wireless network
Telecon, the undisputed leader in the building of telecommunications networks, completed the acquisition of the assets of AGIR Consultants, a transaction that enables it to reassert its presence in Québec, in addition to consolidating its range of engineering services and network design, to better serve its customer
Telecon Group is currently working in a booming telecommunications market, to become THE Canadian leader in turnkey solutions as well as specific and dedicated services in the field of telecommunications infrastructures. Today, we mark a further step in this direction by introducing our new corporate image; it is a reflection of our values, our history and a promising future.