NL Editorial

The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports.

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Taking advantage of the new economy opportunities in Atlantic Canada

The federal government’s new Atlantic Investment Partnership is also opportunity knocking on the door to our region’s future.

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NL People

Marjean Henderson is the new CFO of iMagicTV. She was previously senior VP and CFO of Nucentrix Broadband Networks Inc in Plano TX. Atlantic telco Aliant owns iMagicTV.

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NL Short Takes

BCI sells Korean wireless unit
Bell Canada International has sold its 21 per cent stake in Hansol M.com, a wireless provider in Korea. The total value of the sale is $1.47 billion in cash, notes and shares of SK Telecom. Read more about BCI’s strategy on page 6 of this issue of Network Letter.

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CRTC unveils busy schedule in action plan

The CRTC is working to ensure Canadians have access to high-quality telecom services, reflecting consumer needs and proper values. The commission laid out its objectives in the CRTC Action Plan 2000-2003.

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Bell subsidiary looks south as Argentina increases competition

Bell Canada International (BCI) is preparing to use a partnership with Mexican telco Telmex as its conduit into the soon-to-be opened Argentine market and other parts of Latin America. The offer is still undergoing due diligence, but BCI VP Peter Burn told Network Letter all the pieces will be in place by Labour Day.

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Canadian start up looking to establish itself in cities across North America

A telecom services provider is looking beyond Canada’s borders to establish itself as a major player. One of the fastest growing segments of the Canadian telecom market is providing services to buildings. Companies are tripping over one another to sign contracts with large property developers. TrizecHahn, which is dumping its real estate holdings to get into carrier hotels, has invested in a reseller that has far reaching goals.

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Telus reorganization leads to call for forbearance outside of traditional markets

Telus is asking the CRTC to refrain exercising its powers in non-ILEC territory, as the western telco moves into new markets across Canada. Bell Canada and its affiliates are hopeful the commission will grant it similar dispensation.

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Toronto council moves closer to fibre build; establishes rights of way committee

The city of Toronto has approved a new telecommunications strategy that will reduce disruption on the streets while providing increased revenues to the municipality. In mid-June, city council approved a draft telecommunications policy with amendments that deals with issues like rights of way and a municipal fibre build (NL, May 23/00).

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RSL puts Canadian subsidiary on auction block; focus shifts to Europe, U.S. markets

Canada’s foreign ownership limits may be partly to blame for RSL Communications Ltd’s decision to put its Canadian subsidiary on the selling block. The New York-based parent announced July 17 that it would be pulling its operations out of Canada, Japan and Hong Kong in favour of more lucrative markets. It has hired the investment firm BMO Nesbitt Burns to help sell the Canadian division.

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