Axia NetMedia Corp. has settled outstanding issues with Bell West Inc. and entered into a new partnership with the...
October 8, 2004
Axia NetMedia Corp. has settled outstanding issues with Bell West Inc. and entered into a new partnership with the company.
“A new partnership and successful settlement enables Axia to focus on the future,” says Art Price, company chairman and CEO.
The disputes related to construction and operation of the Alberta SuperNet. An arbitration decision in September 2004 resolved the operational issues.
The settlement successfully resolves the remaining issues without arbitration. As part of the settlement, both companies have agreed that specific terms of the agreement will remain confidential.
The companies have also agreed that Axia will advise Bell on the use of wireless technology in Bell’s western network. Bell will also sponsor Axia’s interactive media services for educational institutions.