In early 2004, Primus Canada acquired Ottawa-based Magma Communications Ltd., an ISP with customers based mostly in the Ottawa and Toronto metropolitan areas. In 2006, Primus Canada merged Magma's customer databases, services and call centres into its own organization, gradually phasing out the Magma brand.
Sale of Primus Canada and Primus US Retail Telecom Assets To York Capital Management
On Friday, May 10, 2013, Primus Telecommunications Group announced the sale of their North American retail telecommunications operations in the United States and Canada to York Capital Management for about US$129 million. The deal is expected to close in 3Q2013.