PRIMUS Telecommunications Canada Partners With Canada's Newest Electronics Retailer - Best Buy Stores
Market Wire, 20050229
- Best Buy Stores Add PRIMUS Internet Access to Services Roster
PRIMUS Telecommunications Canada Inc. (PRIMUS Canada), the wholly-owned subsidiary of PRIMUS Telecommunications Group, Incorporated (NASDAQ:PRTL), a facilities-based total service provider offering an integrated portfolio of voice, data, Internet, and hosting services, today announced a partnership with Best Buy Stores, Canada's newest electronics retailer. Best Buy will now promote PRIMUS Canada's new high speed Internet (DSL) and dial-up Internet service offerings to consumers. Best Buy opened its first eight stores in Canada, in the Greater Toronto area, on August 23, 2002.
"This partnership represents an excellent opportunity to promote our new Internet service offerings," said Andrew Day, Senior Vice President, Residential Services, PRIMUS Canada. "We know that Best Buy has aggressive plans to build their brand in Canada and will generate significant customer traffic into their 'Big Box' retail store locations. With Best Buy offering a wide variety of electronics products and services, including personal computers and related Internet services, we see our partnership as an ideal fit with our efforts to cost-effectively market our services and build brand awareness."
"As PRIMUS Canada is one of Canada's leading Internet service providers, we knew it was important to have them included in our roster of product and service offerings as we opened our first stores in the Canadian market," said Grant McTaggart, Vice President, Merchandising, Best Buy Canada. "At Best Buy, our employees pride themselves on being our customers' smart friend and offering them complete solutions. PRIMUS Canada brings us high quality, attractively priced services which will help us improve the experience of our shoppers."
About PRIMUS Canada
PRIMUS Telecommunications Canada Inc. is the largest alternative communications carrier in Canada with approximately 800,000 retail customers. The Company offers facilities-based voice, data, e-commerce, Web hosting and Internet services. As a leading Internet Service Provider in Canada, PRIMUS Canada has approximately 60,000 Internet subscribers served by a national network of Internet points-of-presence (POPs) for dedicated and dial-up access. PRIMUS Canada also offers local services to businesses, bundling them with its long distance and Internet services. The Company has a fully redundant and diverse Sonet network across Canada, extending from Quebec City to Victoria. PRIMUS Canada's national network consists of Nortel DMS 500 switches with international connectivity through its parent company's global network, and ATM and IP nodes at major cities across the country. These network elements provide an integrated and converged backbone for all of PRIMUS Canada's voice, data, Internet and private line services. PRIMUS Canada is a wholly-owned subsidiary of McLean, Virginia-based PRIMUS Telecommunications Group, Incorporated (NASDAQ:PRTL). PRIMUS Canada news and information are available at the Company's Web site at www.primustel.ca.
About Best Buy Stores - Canada
Best Buy stores in Canada are a division of Burnaby, B.C.-based Best Buy Canada Ltd., a wholly owned subsidiary of Best Buy Co., Inc. (NYSE:BBY). Best Buy is North America's leading specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The first eight Best Buy stores in Canada are opening now in the Greater Toronto Area.
For PRIMUS Telecommunications Group, Incorporated and PRIMUS Telecommunications Canada Inc.: Statements in this press release constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are based on current expectations, and are not strictly historical statements. Forward looking statements include without limitation statements set forth in this document and elsewhere regarding, among other things: the Company's expectations of future , sales, revenue, management's plans, goals, expectations, guidance, objectives, strategy, and timing for future operations, predictions or expectations of future growth; and management's assessment of market factors and future financial performance. Factors and risks that could cause actual results or circumstances to differ materially from those set forth or contemplated in forward-looking statements include: changes in business conditions, prevailing trade credit terms or revenues arising from, among other reasons, further telecommunications carrier bankruptcies or adverse bankruptcy related developments affecting our large carrier customers; DSL, Internet and telecommunication competition; changes in the regulatory schemes and regulatory enforcement in the markets in which we operate; the possible inability to hire and/or retain qualified sales, technical and other personnel, particularly as we continue to attempt to grow our data-centric services, and manage growth; and risks associated with international operations (including foreign currency translation risks); dependence on effective information systems; dependence on third parties to enable us to expand and manage our global network and operations; and dependence on the implementation and performance of the Company's global ATM IP communications network. As such, actual results or circumstances may vary materially from such forward-looking statements or expectations.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article




