Latest news with #telMAX
Cision Canada
22-07-2025
- Business
- Cision Canada
telMAX Named Fastest ISP in Canada by PCMag for Fourth Consecutive Year
Award-winning fibre internet built for how Canadians work, stream, learn, and connect. MARKHAM, ON, July 22, 2025 /CNW/ - For the fourth year running, telMAX was named Canada's Fastest Internet Service Provider (ISP) by PCMag, a respected authority on consumer technology. This annual recognition is based on PCMag's independent Speed Index, which measures real-world download and upload performance across providers nationwide. Marking an impressive fourth consecutive year earning this national recognition reinforces telMAX's position as a leader in internet performance and innovation, delivering exceptional speed and reliability to communities in the Greater Toronto Area. "Winning this award for a fourth straight year tells us our approach is working," said Mike Strople, President and CEO of telMAX. "This is a direct result of the purpose-built fibre-optic infrastructure we've invested in and the team of dedicated professionals behind it. This award reflects our commitment to delivering the best possible experience to our customers, and we're proud to be once again recognized as Canada's fastest ISP." telMAX's all-fibre network is engineered to deliver ultra-fast, symmetrical internet speeds with low latency, providing unmatched performance for streaming, remote work, gaming, generative AI, and smart home use. With this recognition, telMAX continues to set a national benchmark for internet excellence. "We're building something different at telMAX—starting with performance," adds Bradley Fisher, Chief Revenue Officer at telMAX. "Every home and business we connect to fibre gets the best internet service Canada has to offer. This award is a win for our customers and a win for Canadians who deserve a better, faster, more reliable online experience." The PCMag Fastest ISP award is based on thousands of user-initiated speed tests conducted across Canada throughout the year. telMAX's top score on the Speed Index reflects consistent, real-world performance, not lab conditions or marketing promises. With its fourth PCMag award, telMAX is proud to be raising the bar not just for its customers, but for internet users across Canada. To check availability in your area or learn more about telMAX, call 905-233-7377 or visit About telMAX telMAX is a locally based company headquartered in the Greater Toronto Area, offering 100% fibre internet, TV, and phone services to residential and business customers. telMAX is ranked Canada's fastest internet service provider by PC Magazine for the last four years. With the ongoing expansion of its award-winning independent fibre network, telMAX currently serves the communities of Brooklin, Stouffville, Newmarket, Aurora, Markham and Richmond Hill. telMAX proudly employs staff from the communities where it operates and is committed to supporting a wide range of community development activities.
Yahoo
13-05-2025
- Business
- Yahoo
Power Sustainable Closes CAD$110m Term Loan Investment in telMAX
telMAX aims to be the most customer-centric and community-focused internet service provider in Canada. TORONTO, MONTREAL and MIAMI, May 9, 2025 /CNW/ - Power Sustainable Infrastructure Credit ("PSIC") recently closed on a CAD $110M senior secured financing for telMAX (the "Company"), a 100% fibre optic internet, phone and TV provider, based in Ontario, Canada. The credit facility will support the expansion of telMAX's multi-gigabit broadband network throughout the Greater Toronto Area ("GTA"). telMAX has a demonstrated track record of executing on its fibre build plan via a rigorous and disciplined approach to market selection and construction. The Company is focused on building community partnerships and providing residents across the GTA with the best internet experience possible. The investment will fund telMAX's near-term expansion and establish the Company as a leading high speed broadband provider in the GTA. Ben Shenwick, Principal at PSIC, said, "We are excited to partner with telMAX and their exceptional management team as they embark on this next chapter of growth and continue to establish themselves as an industry leader within the Canadian market. We firmly believe fibre is the most energy efficient way of delivering internet, and we look forward to supporting telMAX as they execute on their first-to-market fibre optic build plan with an emphasis on community engagement." Launched in 2023, PSIC is a CAD 1.0B1platform that has now completed six transactions across North America. The strategy aims to provide creative and highly tailored financing solutions to exceptional companies and management teams across infrastructure sectors including energy and decarbonization, transportation and logistics, digital, social, and utilities and recycling. "This financing supports telMAX's ongoing footprint expansion and is a strong endorsement of our business strategy and our customer growth trajectory, enabling telMAX to bring Canada's fastest all-fibre internet service to more communities in the Greater Toronto Area," said Michael Strople, CEO of telMAX. "We look forward to our partnership with Power Sustainable and embarking on the next phase of the telMAX growth story together." Orrick, Herrington & Sutcliffe LLP served as New York legal counsel and Osler, Hoskin & Harcourt LLP served as Canadian legal counsel to PSIC. Bank Street Group LLC served as exclusive financial advisor, Vinson & Elkins LLP served as New York legal counsel and Bennet Jones LLP served as Canadian legal counsel to telMAX. About Power Sustainable Power Sustainable is an alternative asset manager which finances companies and projects that aim for both competitive returns and positive sustainability outcomes. The firm offers institutional investors exposure to alternative assets, which aim to accelerate and scale sustainable solutions across multiple industries. Power Sustainable is a subsidiary of Power Corporation of Canada (TSX: POW), an international management and holding company that focuses on financial services in North America, Europe, and Asia. With CAD 4.0B in assets under management2, Power Sustainable's mission is to catalyze capital towards clean global solutions. Learn more on Power Sustainable's LinkedIn and Website. About telMAX telMAX is a locally based company headquartered in the Greater Toronto Area, offering 100% fibre optic internet, TV, and phone services to residential and business customers. telMAX has been ranked Canada's fastest internet service provider by PC Magazine for the last three years. With ongoing expansion of its award-winning independent fibre network, telMAX currently serves the communities of Brooklin, Stouffville, Newmarket, Aurora, and Richmond Hill. telMAX proudly employs staff from the communities where it operates and is committed to supporting a wide range of community development activities. For more information on telMAX: __________________ 1 As of March 31, 2025. CAD 1.0B represents the total Limited Partner commitments to the PSIC strategy since inception. 2 As of March 31, 2025. View original content: SOURCE Power Sustainable View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
09-05-2025
- Business
- Cision Canada
Power Sustainable Closes CAD$110m Term Loan Investment in telMAX
telMAX aims to be the most customer-centric and community-focused internet service provider in Canada. , May 9, 2025 /CNW/ - Power Sustainable Infrastructure Credit ("PSIC") recently closed on a CAD $110M senior secured financing for telMAX (the "Company"), a 100% fibre optic internet, phone and TV provider, based in Ontario, Canada. The credit facility will support the expansion of telMAX's multi-gigabit broadband network throughout the Greater Toronto Area ("GTA"). telMAX has a demonstrated track record of executing on its fibre build plan via a rigorous and disciplined approach to market selection and construction. The Company is focused on building community partnerships and providing residents across the GTA with the best internet experience possible. The investment will fund telMAX's near-term expansion and establish the Company as a leading high speed broadband provider in the GTA. Ben Shenwick, Principal at PSIC, said, "We are excited to partner with telMAX and their exceptional management team as they embark on this next chapter of growth and continue to establish themselves as an industry leader within the Canadian market. We firmly believe fibre is the most energy efficient way of delivering internet, and we look forward to supporting telMAX as they execute on their first-to-market fibre optic build plan with an emphasis on community engagement." Launched in 2023, PSIC is a CAD 1.0B 1 platform that has now completed six transactions across North America. The strategy aims to provide creative and highly tailored financing solutions to exceptional companies and management teams across infrastructure sectors including energy and decarbonization, transportation and logistics, digital, social, and utilities and recycling. "This financing supports telMAX's ongoing footprint expansion and is a strong endorsement of our business strategy and our customer growth trajectory, enabling telMAX to bring Canada's fastest all-fibre internet service to more communities in the Greater Toronto Area," said Michael Strople, CEO of telMAX. "We look forward to our partnership with Power Sustainable and embarking on the next phase of the telMAX growth story together." Orrick, Herrington & Sutcliffe LLP served as New York legal counsel and Osler, Hoskin & Harcourt LLP served as Canadian legal counsel to PSIC. Bank Street Group LLC served as exclusive financial advisor, Vinson & Elkins LLP served as New York legal counsel and Bennet Jones LLP served as Canadian legal counsel to telMAX. About Power Sustainable Power Sustainable is an alternative asset manager which finances companies and projects that aim for both competitive returns and positive sustainability outcomes. The firm offers institutional investors exposure to alternative assets, which aim to accelerate and scale sustainable solutions across multiple industries. Power Sustainable is a subsidiary of Power Corporation of Canada (TSX: POW), an international management and holding company that focuses on financial services in North America, Europe, and Asia. With CAD 4.0B in assets under management 2, Power Sustainable's mission is to catalyze capital towards clean global solutions. Learn more on Power Sustainable's LinkedIn and Website. About telMAX telMAX is a locally based company headquartered in the Greater Toronto Area, offering 100% fibre optic internet, TV, and phone services to residential and business customers. telMAX has been ranked Canada's fastest internet service provider by PC Magazine for the last three years. With ongoing expansion of its award-winning independent fibre network, telMAX currently serves the communities of Brooklin, Stouffville, Newmarket, Aurora, and Richmond Hill. telMAX proudly employs staff from the communities where it operates and is committed to supporting a wide range of community development activities. For more information on telMAX:
