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We will ‘manage through’ conditions on Astral acquisition, Bell says

BCE Inc. will “manage through” conditions the CRTC put on the regulatory approval of the company’s $3.38 billion deal to acquire Astral Media Inc., said Mirko Bibic, BCE’s executive vice-president and chief legal and regulatory officer.

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Spectrum transfer rules include review of ‘prospective’ deals

Industry Canada released new rules to review all proposed and “prospective” spectrum licence transfers to ensure they will not affect the ability of “existing and future competitors” to offer mobile services, the department said.

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Cogeco home phone extended to two Quebec municipalities

Cogeco Cable Inc. has extended its home phone service to Ste-Rosalie and Notre-Dame-du-Bon-Conseil, Que., the company said.

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Verizon benefits from ‘unintended consequences’ of auction rules: Bibic

Verizon Communications Inc. could buy twice as much spectrum at a lower price than Canada’s wireless incumbent carriers if it enters next year’s 700 MHz spectrum auction, said Mirko Bibic, BCE Inc.’s executive vice-president and chief legal and regulatory officer.

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Golden West gets FM station in Steinbach

The CRTC approved Golden West Broadcasting Ltd.’s application for a licence to operate a new English-language FM radio station in Steinbach, Man., the commission said.

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D’Avella to leave Shaw in August

Michael D’Avella, Shaw Communications Inc.’s senior-vice president of planning, will retire at the end of August, the company said Friday.

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BlackBerry reports loss, further fall in subscriber base

Waterloo, Ont.-based RIM Ltd., operating as BlackBerry, reported shipments of 6.8 million smartphones for its first quarter of 2014, representing a 13 per cent rise from the previous quarter, though the number of shipments for its touchscreen Z10 smartphone fell short of analyst expectations.

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Shaw profits rise, hopeful of spectrum transfer

Shaw Communications Inc.’s profits rose to $250 million in the third quarter of 2013 as the company reported further cable TV customer losses in competition with Telus Corp.

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CRTC approves BCE purchase of Astral, applies new safeguards

The CRTC approved BCE Inc.’s reworked application to purchase Astral Media Inc. for $3.38 billion, with conditions that raise the company’s contributions to Canadian broadcasting by $72 million and apply additional regulatory checks on BCE’s market power.

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Investors betting against BlackBerry: Markit

Investors are betting against BlackBerry ahead of the company’s release of its fourth-quarter financial report on Friday, Bloomberg reported Thursday, citing data from financial services firm Markit Group Ltd.

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