PRIMUS Telecommunications Canada Partners With Canadian Electronics Retailer Future Shop
Market Wire, 20050229
Future Shop Adds PRIMUS High Speed And Dial-Up 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 Future Shop, Canada's largest, fastest-growing consumer electronics retailer. Future Shop is now promoting PRIMUS Canada's new high speed Internet (DSL) and dial-up Internet access service offerings to consumers. The high speed Internet service is available immediately in more than 60 stores in Ontario and Quebec.
"This partnership represents an excellent opportunity to promote our new Internet service offerings through the many retail locations Future Shop has across Canada," said Andrew Day, Senior Vice President, Residential Services, PRIMUS Canada. "There are a tremendous number of Canadians who go to Future Shop to purchase Internet services, computers and electronics products, and we are very excited to have a presence in their stores."
"At Future Shop, we are committed to ensuring that our customers get the most out of the technology they buy," said Rick Lotman, Senior Vice President, Merchandising and Marketing, Future Shop. "The addition of PRIMUS Canada, one of Canada's leading Internet service providers, to our roster of products and services is just one more way that we deliver on that promise."
About Future Shop
With more than 100 stores across the country and the nation's premier web store, at futureshop.ca, Future Shop is Canada's largest, fastest-growing national retailer and e-tailer of consumer electronics.
Future Shop and its 8,500 associates are committed to helping Canadians get MORE out of the technology they buy and offer the latest digital products along with a wide selection of brand-named televisions, computers, audio, entertainment software and hardware and appliances.
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.
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.
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