Urban Communications Inc. Reports Record Month for Recurring Revenue
April Shows Strong Building Acquisition, Record Revenue Growth and Customer Acquisition Rate All Exceeding Targets Vancouver, BC – Urban Communications Inc. (TSX-V:UBN), one of the country’s first telecommunications companies to deliver Gigabit Internet service to the home, today announced record levels in key performance indicators to start the second quarter including building acquisition, revenue growth and […]
Urban Communications Inc. Appoints Capital Markets Veteran, Michael Horowitz, to Board of Directors
Wall Street and Bay Street Veteran Will Prove Invaluable to the Board and Company as It Accelerates Its Capital Expansion Plans Vancouver, BC – Urban Communications Inc. (TSX-V:UBN), one of the country’s first telecommunications companies to deliver Gigabit Internet service to the home, today announced Mr. Michael Horowitz has joined the Company’s board of directors. Mr. […]
Urban Communications Inc. Announces Municipal Fibre Optic Network Access Agreement With City of New Westminster
Vancouver, BC – Urban Communications Inc. (TSX-V: UBN), one of the country’s first telecommunications companies to deliver Gigabit Internet service to the home, is pleased to announce that it has signed an agreement with the City of New Westminster to access its BridgeNet fibre optic network, to deliver Urbanfibre Gigabit speed Internet service to businesses and residents […]
Urban Communications Inc. Continued Growth in Commercial Customer Acquisition Fuels Record Revenues in April and May
Ultra High-Speed Internet Service Propels Customer Success and Month-Over-Month Growth Vancouver, BC – Urban Communications Inc. (TSX-V:UBN), one of the country’s first telecommunications companies to deliver Gigabit Internet service to the home, today announced record Urbanfibre subscriber and commercial customer growth in April and May, leading to month over month record recurring revenues. With the rapid adoption of […]
Urban Communications Inc. Announces Non-Brokered Private Placement
Vancouver, BC – Urban Communications Inc. (TSX-V: UBN) is pleased to announce a non-brokered private placement of up to 5.0 million Units at a purchase price of $0.10 per Unit for aggregate gross proceeds to Urban of up to $500,000. Each Unit is comprised of one common share and one share purchase warrant, and a warrant will […]
Urban Communications Inc. Signs Revenue Sharing Agreement to Fund Construction Costs for Building Connections
Vancouver, BC – Urban Communications Inc. (TSX-V: UBN) announces that, subject to regulatory approval, the Company has signed an agreement with GC Capital Inc. for the investment of $500,000 to fund the capital cost of constructing network extensions from its backbone fibre optic network to connect residential and commercial buildings. These funds will be deployed over the […]
Urban Communications Inc. Announces Increase in Loan Facility
Vancouver, BC – Urban Communications Inc. (TSX-V: UBN) is pleased to announce that, subject to regulatory approval, it has agreed to increase its existing loan facility with MHI Finance Corp. by $750,000 from $3,650,000 to $4,400,000. The additional funding will be advanced in two tranches of $500,000 immediately and $250,000 as required by the Company. The original […]
Urban Communications Inc. Annual General and Special Meeting Results
Vancouver, BC – Urban Communications Inc. (TSX-V: UBN) announces that its Annual General and Special Meeting was held on June 28, 2016, at the Pinnacle Hotel Vancouver Harbourfront. The Scrutineer’s Report indicated that there were 56 persons present in person or by proxy holding 46.2% of the Company’s issued stock. The Chair declared the meeting to be duly […]
Urbanfibre Continues to Expand its Network in Metro Vancouver
July 19, 2016 Take a look at this article in Venture Cap News highlighting how Urban Communications Inc. (TSX-V:UBN) continues to expand its network in Metro Vancouver. Find out why Urbanfibre is laying the foundations for success as the race for fibre optic access heats up in Vancouver. An excerpt as well as a link to the complete article can […]
Urban Communications Inc. Announces Increase in Private Placement Due to Demand
Vancouver, BC – Urban Communications Inc. (TSX-V:UBN) is pleased to announce that it has received conditional approval from the TSX Venture Exchange to increase the private placement announced June 30, 2016, from 5.0 million Units to up to 7.5 million Units, with the right to increase that amount to 12.5 million Units. The purchase price remains $0.10 […]
