In the second largest ever domestic merger in Canada, AT&T Canada Corp. and MetroNet Communications Corp. merged on June 1, 1999 in a transaction valued at approximately $7 billion. The combined company, which now carries on business under the name AT&T Canada Inc., is Canada's first national, networks-based telecommunications company.
AT&T relied on both its internal legal team and Fasken Campbell Godfrey as outside counsel. David Pester, of AT&T Corp. in the United States, led the internal legal team on the transaction. The Fasken team was led by partners George Glover, Lynne Golding, Roxanne McCormick and Barbara Miller, with support from tax partner Douglas Cannon.