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Telus Health buys LifeWorks in $2.3B deal, analysts upbeat
telecom | 06/16/2022 4:02 pm EDT
Telus Corp. announced Thursday it is purchasing digital health company LifeWorks Inc. for approximately $2.3 billion.
That works out to $33 per share. The acquisition will be merged into the telecom’s health division.
“Customers will benefit from our team’s...
Rogers-Shaw CRTC hearing now has ‘extra element of intrigue’: analyst
Media | 11/17/2021 11:49 am EST
The Tuesday night announcement of the departure of Rogers Communications Inc. CEO Joe Natale and the appointment of once-ousted chief financial officer Tony Staffieri as...
War of words between Cogeco and Rogers heats up
telecom | 09/16/2020 6:53 pm EDT
In a Wednesday afternoon press release, the board of directors for Cogeco Inc. accused the CEOs of both...
Bell bringing cabinet’s wholesale appeal response to Federal Court
telecom | 08/17/2020 7:56 pm EDT
Lawyers representing BCE Inc. have asked a Federal Court of Appeal judge to...
Telus International to go public after $1.3B acquisition
telecom | 12/05/2019 2:04 pm EST
Telus Corp.’s outsourcing and call centre operation Telus International...
Telus purchase of Canadian ADT business a good move: analysts
telecom | 10/01/2019 2:32 pm EDT
Telus Corp.’s announcement that it is buying ADT Security Services Canada, the Canadian arm of the U.S. home security services company, for $700 million is a wise move that will position Telus for...
Investors too focused on Rogers wireless division: analyst
telecom | 09/20/2019 4:59 pm EDT
Investors are overly preoccupied with the wireless divisions of telecom companies, and as such have been overly punitive toward Rogers Communications Inc. this summer, according to a look in on the telecom industry published Thursday by National Bank Financial Markets analyst Adam Shine. In mid-June, when Rogers introduced its “unlimited” data plan, the other big telecom companies quickly followed suit, introducing or announcing their own unlimited plans. Prices then dropped across the industry, according to Consumer Price Index data from Statistics Canada released in August. ...
Eric Ellenbogen in as DHX CEO
Media | 08/30/2019 2:54 pm EDT
DHX Media Ltd. announced Thursday night that Michael Donovan would step down as CEO of the Halifax-based...
Bell to buy French-language conventional TV network
Media | 07/24/2019 3:10 pm EDT
BCE Inc. will purchase Groupe V Media Inc.’s conventional TV network V, Bell said in a press release Wednesday. The deal, which must still be approved by the CRTC, also includes “related digital assets including the...
Rogers’ no-overage plan about data use, churn, 5G: analyst
telecom | 06/21/2019 4:32 pm EDT
Rogers Communications Inc.’s reasons for launching a no-overage-fee...
5G a race between countries, not carriers: Rogers’ Natale
Media | 04/18/2019 6:16 pm EDT
Rogers Communications Inc. CEO Joe Natale emphasized the $1.7 billion the...
Analysts surprised by Bell’s lack of 600 MHz, incumbent spend
telecom | 04/11/2019 5:57 pm EDT
BCE Inc. walking away from the 600 MHz spectrum auction with no licences,...
Cogeco selling Peer 1 data centre business for $720M
telecom | 02/27/2019 3:29 pm EST
Cogeco Communications Inc. says it’s inked a deal to sell its Cogeco Peer 1 cloud services business for $720 million. The data centre business is being sold to affiliates of the Los Angeles-based investment firm Digital...
Odds of Huawei ban have increased in recent months: analyst
telecom | 02/05/2019 4:26 pm EST
The likelihood Canada will ban Huawei Technologies Co. Ltd. equipment from...
Stingray shelves Music Choice buy, citing price ‘disagreement’
Media | 01/03/2019 4:12 pm EST
Stingray Group Inc. said it is aborting its previously announced...
Videotron selling data centre business
telecom | 12/19/2018 1:01 pm EST
Quebecor Inc.’s Videotron is selling its data centre business, 4Degrees Colocation, for $259 million, with the proceeds likely going to fund future spectrum purchases, analysts say. The telecom announced Tuesday that it agreed to sell the business it acquired in 2015 for $35.5 million to California-based Vantage Data Centers, which will add the data houses in Montreal and Quebec City to expand its North American portfolio. A year ago Vantage was only in two markets, the American company said in a Tuesday release. “Based on extensive dialog with our customers, Vantage identified...
Corus lost $2.3M in unspent CMF money from failed French channels deal
Media | 12/10/2018 10:14 am EST
Corus Entertainment Inc. had $2.3 million in Canada Media Fund (CMF) money...
Bell could see $100M benefit from fed tax plan in 2019: analyst
telecom | 11/29/2018 2:21 pm EST
The federal government’s recently-tabled tax strategy allowing telecoms...
Videotron losing its CEO as Brouillette announces departure
telecom | 10/16/2018 12:42 pm EDT
Manon Brouillette, who has been at the helm of Quebecor Inc.’s Videotron for the past five years, is leaving the company in what National Bank...
Stingray offers $120M for Music Choice
telecom | 08/03/2018 2:00 pm EDT
Stingray Digital Group Inc. is turning from fighting Pennsylvania-based Music Choice to offering to buy...
Historia, Series+ sale blocked in surprise move
Media | 05/28/2018 5:51 pm EDT
The Competition Bureau has blocked the $200 million sale of the Historia and Series+ channels from Corus Entertainment Inc. to BCE Inc., saying that the reasons that led the bureau to force Bell to divest the channels in the first place were still valid.
“The Bureau’s...
CraveTV price increases to help make up for advertising pressure: analyst
Media | 05/25/2018 3:53 pm EDT
Increasing prices for BCE Inc.’s CraveTV will help improve the...
Videotron says cord-cutting stable, eying IPTV to grow TV ARPU
Media | 05/09/2018 1:37 pm EDT
Quebecor Inc.’s Videotron said it won’t force the migration of its...
Exec shakeups at DHX continue
Media | 04/18/2018 5:05 pm EDT
DHX Media Inc. has appointed a new president, chief operating officer (COO) and created the new position...
Low-cost data plans ‘superior alternative’ to WiFi-first MVNOs: Scott
telecom | 03/22/2018 4:23 pm EDT
Having facilities-based carriers offer low-cost data-only plans is a better way to fulfill the government’s goals of more affordable wireless options for consumers than mandating roaming access by...
DHX’s CEO, CFO departures no surprise: analyst
Media | 02/26/2018 12:22 pm EST
Both Dana Landry, DHX Media Ltd.’s CEO, and CFO Keith Abriel are leaving the company, DHX said in a...
Corus focuses on content over broadcast with Historia, Séries+ sale
Media | 10/18/2017 6:16 pm EDT
Corus Entertainment Inc. announced Tuesday it is selling two...
Videotron latest to announce X1-based IPTV
Media | 08/29/2017 5:00 pm EDT
Quebecor Inc.’s Videotron will launch its IPTV service using the X1 platform from Comcast Corp., the...
Rogers aims to improve churn, ‘reset’ enterprise division
Media | 07/20/2017 5:16 pm EDT
Joe Natale, president and CEO of Rogers Communications Inc., reiterated...
AWS-1 sale unlikely to set precedent for 700MHz: Canaccord
telecom | 06/12/2017 1:53 pm EDT
The sale last week of Videotron’s AWS-1 spectrum by Quebecor Inc. to Rogers Communications Inc. isn’t likely to have implications for the company’s 700MHz spectrum, according to Canaccord Genuity analyst Aravinda Galappatthige. Reflecting on the Friday deal, which saw Videotron’s AWS-1 Toronto-area spectrum go to Rogers with no government concessions, Galappatthige said that doesn’t necessarily indicate the same outcome for the company’s “most valuable spectrum block,” which he estimates as worth $561 million or more. The government is unlikely to “see the sale of...
Telecoms to compete on service after zero-rating decision: analysts
Media | 04/21/2017 4:11 pm EDT
The CRTC’s decision Thursday to ban most forms of zero-rating means telecoms will have to rely on service in order to stand out from the competition, analysts said. The...
Shaw promises more integration with Freedom under new COO
telecom | 04/12/2017 9:10 pm EDT
Shaw Communications Inc. said Wednesday that its Freedom Mobile division will have a new chief operating officer, as Paul McAleese takes over from Alek Krstajic. CEO Brad Shaw...
Péladeau’s return to Quebecor shouldn’t affect business: analysts
Media | 02/16/2017 10:20 pm EST
The man who led Quebecor Inc. for 14 years but left to join provincial politics will return as head of the company Thursday, though despite the change in leadership, analysts expect...
Rogers killing of in-house IPTV good move in long term, analysts say
Media | 12/16/2016 8:33 pm EST
Rogers Communications Inc. has abandoned the development of its own IPTV platform and will instead launch an IPTV service using a platform from Comcast Corp., a plan analysts...
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 concern about the availability of handsets compatible with its spectrum. Alek Krstajic made the announcement at a press conference in Toronto. He said the rebranding was a fresh start, part of an effort to eliminate “baggage” associated with the Wind name and to make the company, which was previously held by foreign owners, more Canadian. He also...
Experts say approval of Bell’s MTS acquisition likely
telecom | 05/02/2016 2:12 pm EDT
BCE Inc. announced Monday morning that it will purchase Manitoba Telecom Services Inc. in a $3.9 billion transaction that, if approved, will see the number of players in Manitoba’s telecom...
CRTC expected to approve Bell-Astral: Shine
Media | 06/26/2013 8:30 pm EDT
BCE Inc. has “pretty much done all it could do to appease” CRTC concerns about the company’s proposed $3.38-billion purchase of Astral Media Inc. and should receive regulatory approval this week, National Bank Financial analyst Adam Shine said. In a research note released Tuesday, Shine said the CRTC could require further...