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TAGGED AS ADAM SHINE

Corus posts another dismal quarter, as revenues take a tumble

| 04/11/2025 5:17 pm EDT

Corus posts another dismal quarter, as revenues take a tumbleCorus Entertainment Inc. continued to see drops in television and radio revenue as it released its second quarter numbers for 2025. Radio did, however, show an increased profit. Revenues were $270 million, a decline of 10 per cent from Q2 2024’s $299 million. Television...

Rogers holds onto NHL broadcast rights for another 12 years

| 04/02/2025 10:50 am EDT

Rogers holds onto NHL broadcast rights for another 12 yearsRogers Communications Inc. has come to an agreement with the National Hockey League on another 12-year, multi-billion-dollar deal for broadcasting games. Rogers, which owns the Sportsnet brands the games are broadcast on, will hold the national media rights to NHL games...

Telus confirms plan to sell minority stake in wireless tower network

| 03/27/2025 10:39 am EDT

Telecoms work to restore service after tornado; 27% of Canadians experience major outage due to weather, report findsTelus Corp. is planning to sell a minority stake in wireless tower...

Corus revenue, profit decrease for Q4 and fiscal 2024

| 10/25/2024 5:38 pm EDT

Corus revenue, profit decrease for Q4 and fiscal 2024Corus Entertainment Inc. released its fourth quarter and end-of-year statements on Friday Oct. 25. Both...

Rogers announces $7B sale of minority stake in regional backhaul infrastructure

| 10/24/2024 5:43 pm EDT

Rogers reports growth in Q2 revenue, profitRogers Communications Inc. has announced a $7-billion-deal to sell a...

Effects of mandated wholesale fibre access depend on final rates, stakeholders say

Internet and Governance | 08/13/2024 9:43 am EDT

Effects of mandated wholesale fibre access depend on final rates, stakeholders sayWhile some companies praised the CRTC’s long-awaited decision to mandate...

UPDATED: Rogers snatches content from Corus and Bell

Media | 06/10/2024 11:37 am EDT

Rogers aims to improve churn, ‘reset’ enterprise divisionRogers Communications Inc. announced Monday that it had signed deals to bring programming from Warner Bros. Discovery Inc. and Comcast Corp.’s NBCUniversal to Canadian screens. Corus Entertainment Inc. issued a news release late Friday stating it had lost the contract with...

High spectrum costs are the villain in cellular prices, Big 3 tell INDU

telecom | 03/18/2024 3:52 pm EDT

MVNO decision arrives at a ‘tipping point’: Bell CEOThe presidents of the Big Three telecoms told the House of Commons Industry...

Telus Health buys LifeWorks in $2.3B deal, analysts upbeat

telecom | 06/16/2022 4:02 pm EDT

Roaming revenue not expected to fully recover until 2022: Telus CFOTelus Corp. announced Thursday it is purchasing digital health company...

Rogers-Shaw CRTC hearing now has ‘extra element of intrigue’: analyst

Media | 11/17/2021 11:49 am EST

Rogers, Shaw execs mum on spectrum at Industry committee  The Tuesday night announcement of the departure of Rogers Communications...

War of words between Cogeco and Rogers heats up

telecom | 09/16/2020 6:53 pm EDT

War of words between Cogeco and Rogers heats upIn 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

Bell bringing cabinet's wholesale appeal response to Federal CourtLawyers 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 International to go public after $1.3B acquisitionTelus 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...

Eric Ellenbogen in as DHX CEO

Media | 08/30/2019 2:54 pm EDT

Eric Ellenbogen in as DHX CEODHX Media Ltd. announced Thursday night that Michael Donovan would step down as CEO of the Halifax-based media company, and Eric Ellenbogen will take over the role. Donovan will continue on as founding chair on the company’s board.  “Michael has played a significant role in building the Company into the global entertainment force it is today. We are pleased that he will remain on the Board,” DHX said in a statement.  Ellenbogen comes to DHX after some 30 years in the entertainment sector, according to the...

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

Security, data concerns drive two-phone phenomenon: Bell CEORogers 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 aims to improve churn, ‘reset’ enterprise divisionRogers 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

Bains says spectrum auction dates to give industry predictabilityBCE 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 Colony, according to a press release Cogeco issued Wednesday. Cogeco CEO Philippe Jetté said the data centre market had changed and consolidated “significantly” since the company initially bought Peer 1 Hosting back in 2013, which came with a pricatag of $526 million at the time. “In this context, we made the decision to focus Cogeco Communications’...

Odds of Huawei ban have increased in recent months: analyst

telecom | 02/05/2019 4:26 pm EST

Huawei to invest $2.5 million in UBC researchThe 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 to double number of employeesStingray 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...

Corus lost $2.3M in unspent CMF money from failed French channels deal

Media | 12/10/2018 10:14 am EST

Corus lost $2.3M in unspent CMF money from failed French channels dealCorus 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

Bell warns about some Apple Watch 911 capabilitiesThe 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

Former Videotron customers returning from Bell: BrouilletteManon 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 offers $120M for Music ChoiceStingray 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

Historia, Series+ sale blocked in surprise moveThe Competition Bureau has blocked the $200 million sale of the Historia and Series+ channels from Corus...

CraveTV price increases to help make up for advertising pressure: analyst

Media | 05/25/2018 3:53 pm EDT

CraveTV price increases to help make up for advertising pressure: analystIncreasing prices for BCE Inc.’s CraveTV will help improve the performance of Bell’s media division, National Bank analyst Adam Shine said in a Friday note. The cost of...

Videotron says cord-cutting stable, eying IPTV to grow TV ARPU

Media | 05/09/2018 1:37 pm EDT

Videotron says cord-cutting stable, eying IPTV to grow TV ARPUQuebecor 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

Analyst reaction largely positive to DHX reviewDHX 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

Analyst reaction largely positive to DHX reviewBoth 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 focuses on content over broadcast with Historia, Séries+ saleCorus Entertainment Inc. announced Tuesday it is selling two French-language specialty channels, Historia and Séries+, to BCE Inc.’s Bell Media in a deal valued at...

Videotron latest to announce X1-based IPTV

Media | 08/29/2017 5:00 pm EDT

Videotron asks for extension on Unlimited Music finaleQuebecor 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

Rogers aims to improve churn, ‘reset’ enterprise divisionJoe 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...

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...

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 market fall from four to three. Some experts said the deal is likely to be approved, especially given a pre-emptive move to shift some subscribers to Telus Corp. The deal is subject to approval from shareholders, the CRTC, Innovation, Science, and Economic Development Canada and the Competition Bureau. Bell CEO George Cope said in a Monday conference call with analysts that he expects the regulatory...

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...