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...
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...
In a Wednesday afternoon press release, the board of directors for Cogeco Inc. accused the CEOs of both...
Lawyers representing BCE Inc. have asked a Federal Court of Appeal judge to...
Telus Corp.’s outsourcing and call centre operation Telus International...
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 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. ...
DHX Media Ltd. announced Thursday night that Michael Donovan would step down as CEO of the Halifax-based...
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 Communications Inc.’s reasons for launching a no-overage-fee...
Rogers Communications Inc. CEO Joe Natale emphasized the $1.7 billion the...
BCE Inc. walking away from the 600 MHz spectrum auction with no licences,...
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...
The likelihood Canada will ban Huawei Technologies Co. Ltd. equipment from...
Stingray Group Inc. said it is aborting its previously announced...
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 Entertainment Inc. had $2.3 million in Canada Media Fund (CMF) money...
The federal government’s recently-tabled tax strategy allowing telecoms...
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 Digital Group Inc. is turning from fighting Pennsylvania-based Music Choice to offering to buy...
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...
Increasing prices for BCE Inc.’s CraveTV will help improve the...
Quebecor Inc.’s Videotron said it won’t force the migration of its...
DHX Media Inc. has appointed a new president, chief operating officer (COO) and created the new position...
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...
Both Dana Landry, DHX Media Ltd.’s CEO, and CFO Keith Abriel are leaving the company, DHX said in a...
Corus Entertainment Inc. announced Tuesday it is selling two...
Quebecor Inc.’s Videotron will launch its IPTV service using the X1 platform from Comcast Corp., the...
Joe Natale, president and CEO of Rogers Communications Inc., reiterated...
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...
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 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...
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 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...
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...
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...
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...