▁Singapore ▁Tele com , ▁and ▁has ▁placed ▁a ▁bond ▁to ▁allow ▁it ▁to ▁submit ▁a ▁proposal ▁for ▁Australia ' s ▁National ▁Broad band ▁Network . ▁ ▁Ax ia ▁had ▁a ▁market ▁cap ▁of ▁just ▁under ▁$ 1 6 0 M ▁in ▁October ▁ 2 0 1 4 . ▁ ▁Al berta ▁Super Net , ▁Canada ▁ ▁Ax ia ▁was ▁a ▁member ▁of ▁the ▁public - private ▁partners hip ▁that ▁constructed ▁Al berta ▁Super Net — a ▁provincial ▁layer ▁ 3 ▁network ▁that ▁connect s ▁public ▁facilities ▁and ▁rural ▁communities ▁across ▁Al berta . ▁The ▁network ' s ▁wh oles ale ▁sales ▁were ▁managed ▁by ▁Ax ia , ▁while ▁it ▁was ▁built ▁by ▁Bell ▁Canada ▁and ▁owned ▁by ▁the ▁Al berta ▁government . ▁ ▁On ▁June ▁ 2 9 , ▁ 2 0 1 8 , ▁Service ▁Al berta ▁announced ▁that ▁it ▁had ▁decl ined ▁to ▁renew ▁its ▁contract ▁with ▁Ax ia , ▁and ▁that ▁it ▁had ▁reached ▁a ▁multi - year ▁deal ▁with ▁Bell ▁to ▁assume ▁operations ▁of ▁Super Net . ▁Bell ▁Canada ▁subsequently ▁announced ▁the ▁following ▁Monday ▁that ▁it ▁had ▁agreed ▁to ▁ac quire ▁Ax ia ' s ▁Al berta ▁assets . ▁ ▁France ▁- ▁Cov age ▁joint ▁vent ure ▁ ▁Cov age ▁is ▁a ▁French ▁joint ▁vent ure ▁between ▁Ax ia ▁Net Media ▁and ▁C ube ▁In frastr ucture ▁Fund ▁( a ▁€ 1 . 1 ▁million ▁Private ▁Equ ity ▁fund ), ▁with ▁direct ▁invol vement ▁in ▁ 4 0 ▁regional ▁networks ▁in ▁France ▁and ▁a ▁national ▁back bone ▁( over