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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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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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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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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