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Corus sees TV ad rebound in Q1

telecom | 01/11/2019 5:14 pm EST

Corus sees TV ad rebound in Q1Corus Entertainment Inc. reported quarterly results Friday that showed TV ad revenue increasing 3.6 per cent, which Canaccord Genuity analyst Aravinda Galappatthige said came as as a surprise. He said it’s “especially encouraging given that this is the seasonally largest quarter. It appears that strength in Global [network] drove the beat.”  Corus’ overall revenues increased two per cent in the first quarter to $467.5 million, up from $457.4 million it reported at the same time last year. Overall net income...

Rogers potential sale of Blue Jays, other assets could net $4B: Canaccord

Media | 12/06/2017 2:09 pm EST

Rogers potential sale of Blue Jays, other assets could net $4B: CanaccordThe sale of non-core assets Rogers Communications Inc. said it is considering could be worth $4 billion to the company after taxes, according to Canaccord Genuity analyst...

Bell’s low-cost Lucky Mobile a hit with government

telecom | 12/01/2017 5:26 pm EST

Bell’s low-cost Lucky Mobile a hit with governmentBCE Inc’s move to open a low-cost, prepaid carrier is “well-timed” and positioned to support the...

Corus focuses on content over broadcast with Historia, Séries+ sale

Media | 10/18/2017 6:16 pm EDT

Corus focuses on content over broadcast with Historia, Séries+ saleCorus Entertainment Inc. announced Tuesday it is selling two...

Limited handsets a concern as Wind rebrands: analyst

Media | 11/21/2016 9:41 pm EST

Shaw Communications Inc.’s Wind Mobile will be rebranded as Freedom Mobile and its LTE roll-out will come sooner than expected in two cities, the company’s CEO said Monday. The move comes despite some analyst...

Analysts optimistic about Natale at Rogers after Laurence’s surprise exit

Media | 10/17/2016 9:37 pm EDT

In an unexpected move, Rogers Communications Inc. has announced Guy Laurence is no longer CEO of the company and will be replaced by former Telus Corp. CEO Joe Natale, a choice...

Wind faces short-term turbulence, long-term opportunity: Canaccord

telecom | 07/05/2016 9:07 pm EDT

Canaccord Genuity analyst Aravinda Galappatthige said in a research note Tuesday that Shaw Communications Inc.’s Wind faces “volatility and uncertainty over the short run,” though it also has a “genuine and sizable long-term opportunity.” However, in notes issued ahead of telecoms’ quarterly reports, which will be released later this month, both Galappatthige and analyst Drew McReynolds of RBC Capital Markets said any impact on industry competition from Wind won’t be visible until next year. Galappatthige said “there is a high probability that Wind goes through a good degree of turbulence before it reaches...

Rogers shows off IPTV service to investors

Media | 06/17/2016 8:14 pm EDT

Rogers Communications Inc. unveiled its new IPTV service to investors Thursday, according to analysts’ notes, though company spokesman Aaron Lazarus declined to comment Friday. Canaccord Genuity analyst...