June 22, 2017
Eleven New Buildings Were Added to Urban’s Network in March, Including Five Commercial Buildings and Six Residential Buildings, in Coquitlam and Vancouver
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 that March was its best month ever in terms of expanding its fibre footprint and adding new buildings to its network.
11 new buildings were added in March, including 6 residential buildings in Coquitlam and Vancouver, and 5 commercial buildings in downtown Vancouver. In addition, Urban has another 11 buildings in the network construction phase that are expected to be connected to the network in the next 30 to 60 days. Newly added buildings increase the number of subscribers available for Urban to generate new customers and revenue opportunities.
“It was a record month for expanding both our commercial and residential new building inventory,” Urban CEO, John Farlinger said. “Adding new buildings to our network is an important part of our ongoing success and we look forward to continuing the pace of additions over the coming months.”
ABOUT URBAN COMMUNICATIONS INC.
Urban Communications Inc. (TSX VENTURE: UBN) is a telecommunications company providing a full suite of Internet, voice, video and broadband application products over its 200 km. state-of-the-art carrier grade fibre optic network in Metro Vancouver and Victoria to commercial, residential and public sector customers. Urban has recently launched high-speed Internet service to residential and commercial subscribers on its network at 1,000 Mbps (1 Gbps).
CONTACT INFO:
John Farlinger
Chief Executive Officer
Phone: (604) ) 763-7565
jafarlinger@urbanfibre.ca
Caleb Jeffries
Investor Relations
Phone: (604) 684-6730
UBN@kincommunications.com
ir@urbanfibre.ca
www.urbanfibre.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
