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Newfoundland Capital reports $8.7m profit

Newfoundland Capital Corp. Ltd., the parent company of Newcap Inc., reported a profit of $8.7 million for the three-month period ending Sept. 30.

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CRTC denies Rogers reorganization of Mountain subsidiary

The CRTC denied aspects of a Rogers Communications Inc.’s corporate reorganization as part of a $400-million deal to purchase Shaw Communications Inc.’s cable subsidiary Mountain Cablevision Ltd., saying the change would have separated the broadcast licence owner from the company owner.

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Unfettered access to 700 MHz necessary to meet spectrum crunch, Telus tells court

Telus Corp. continues to challenge the federal industry minister's power to impose caps in January's 700 MHz spectrum auction, arguing in court documents that there is no “viable alternative” to using the coveted wireless frequencies to ease wireless network congestion.

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