Cogeco faces losses in Portugal

Cogeco Cable Inc. said Thursday that it is writing off its Cabovisao assets in Portugal for the third quarter of 2011 as a result of the European economic crisis.

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Transcontinental boosts Canadian ad inventory

Transcontinental Media announced Thursday that it is taking over over exclusive ad inventory representation for About.com, CalorieCount.com and Netplaces.com in the Canadian market. 

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Telus offers customers Rdio music service

Telus Corp. announced Thursday that its consumers can now subscribe to the Rdio cloud-based “social music service.”

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CRTC approves CBC transmitter relocation

The CRTC approved Thursday a CBC application to relocate a transmitter for its Calgary AM radio station. 

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Rogers launches first LTE network in Canada

Rogers Communications Inc. launched Canada’s first 4G Long Term Evolution (LTE) network in Ottawa Thursday and says it plans to deploy the service in Toronto, Montreal and Vancouver this fall. 

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Marek joins Sportsnet

Sports broadcaster Jeff Marek is joining Rogers Sportsnet’s Hockeycentral, Rogers Communications Inc. announced Wednesday. 

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OTT competition a signal that CRTC should scrap Cancon distribution regs: Shaw

Competition from over-the-top services has made the CRTC‘s Canadian content regulations “ineffectual” and distributors should no longer be obligated to subsidize Canadian programming, Shaw Communications Inc. says.

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Paradis considering review of Nortel patent sale

Industry Minister Christian Paradis said Wednesday that he is looking into whether the government should review Nortel Networks Corp.‘s patent sale under the Investment Canada Act.

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TSN inks deal for Wimbledon coverage

BCE Inc. specialty sports channel TSN announced Wednesday that it has signed a 10-year deal with the All England Lawn Tennis and Croquet Club for the broadcasting rights to Wimbledon matches.

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Canadian mobile banking grows by 2.5 million users: Report

Mobile banking apps have 2.5 million Canadian users, a number that grew from zero 14 months ago, a new report from consulting firm Solutions Research Group says.

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