Yellow Pages Income Fund (YPG) is a media company. The Company operates in two business segments: directories and vertical media. The directories segment refers to the print and online directories and guides. The vertical media refers to the print and vertical publications of the Company, which are targeted to the specific audiences based on the topic of interest. The wholly owned subsidiaries of the Company are Yellow Pages Group Co., Yellow Pages Group, LLC, YPG Directories, LLC and Trader Corporation. The directories published by the Company include Yellow Pages, Pages Jaunes, Walking Fingers and Design, and Canada411. The Company is a publisher of directories for Bell Canada (Bell), TELUS Communications Inc. (TELUS), Bell Aliant Regional Communications LP (Bell Aliant) and MTS Allstream Inc. The online directories published by the Company include YellowPages.ca, Canada411.ca and CanadaPlus.ca. In August 2008, Yellow Pages Income Fund's Yellow Pages Group acquired Get It Pages.