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TAGGED AS DREW MCREYNOLDS

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 revenues, profit fall due to roaming and overage drops

Media | 01/28/2021 3:08 pm EST

Rogers Communications Inc. announced a seven-per-cent fall in revenues and a four-per-cent decline in profits during its fourth quarter earnings call on Thursday, with the company largely attributing that to an eight per cent fall in wireless revenues.  Overall revenues...

Shaw Mobile’s early gains to come at expense of Rogers, Bell: analyst

telecom | 07/30/2020 2:45 pm EDT

Shaw Communications Inc.’s new wireless brand is likely to initially...

Rogers profits down 53% in ‘most volatile’ quarter

Media | 07/22/2020 6:04 pm EDT

Rogers Communications Inc. posted a 17 per cent fall in revenue and a 53...

Q3 ‘very tough’ for Corus as ad revenues plummet

Media | 06/26/2020 3:27 pm EDT

The financial impacts of COVID-19 induced lockdowns led to a “very tough quarter” for Corus...

Quebecor cuts back capex plans for 2020

Media | 05/14/2020 8:27 pm EDT

Quebecor Inc. is dialing back its capital expenditure projections for the upcoming year, owing to the...

Bell calls for delayed payments in 3.5 GHz spectrum auction

telecom | 05/07/2020 5:59 pm EDT

While BCE Inc.'s first quarter results showed a decline in profits and essentially flat revenue -- and the expected withdrawal of fiscal year 2020 guidance -- the company will continue to pay out dividends to shareholders, CEO Mirko Bibic told analysts on a first quarterly...

2020 a ‘lost year’ for telecom growth: analyst

telecom | 04/20/2020 5:35 pm EDT

The telecommunications sector will have an "irrelevant" first quarter and will "write off" the second...

Media companies face more uncertainty than telecoms: analyst

Media | 03/23/2020 3:39 pm EDT

The next period of time — no one knows just how long — will be "riddled with both demand and supply shocks," and the country's biggest media companies are in for a much bumpier financial ride...

Financial analysts say telecoms ‘resilient’ to impact of COVID-19

telecom | 03/18/2020 5:24 pm EDT

Canada’s telecommunications sector is a “constructive place to hide” for financial investors as markets continue to feel the impact of COVID-19, RBC Capital Markets analyst Drew McReynolds...

Telus savages gov’t price directive, others more circumspect

telecom | 03/06/2020 5:30 pm EST

Analysts have provided nuanced reactions to the government’s plan to...

Mixed analyst response to Wednesday’s telecom stock sell-off

telecom | 10/25/2019 11:24 am EDT

Following the release of the Rogers Communications Inc. quarterly results Wednesday that were accompanied by falling stock prices, Desjardins analyst Maher Yaghi asked in a research note if the impact...

Freedom answers to ‘unlimited’, offers $0 phones on select plans

telecom | 07/25/2019 6:41 pm EDT

Shaw Communications Inc.’s Freedom is responding to the wireless...

Rogers’ new no-data-overage plan a ‘necessary’ development: analyst

telecom | 06/12/2019 6:26 pm EDT

Rogers Communications Inc.’s launch of a wireless plan that won’t...

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...

Bell opts out of 600 MHz, Rogers nabs 52 licenses for $1.7B

telecom | 04/10/2019 5:30 pm EDT

BCE Inc. was among three prospective applicants who didn’t grab licenses for the coveted 600 MHz spectrum, widely considered to be the last chance to get valuable low-band frequencies. The results of the auction were released late Wednesday afternoon. Among the winners were Rogers Communications Inc., Telus Corp., Shaw Communications Inc., Quebecor Inc., Xplornet Communications Inc., Saskatchewan Telecommunications Holding Corp., Iristel Inc., TBayTel Inc., and Bragg Communications Inc. Innovation Minister Navdeep Bains said in a phone interview he was “very happy with the outcome,...

Telecoms added over 1.4 million new wireless subs in 2018

telecom | 03/13/2019 12:20 pm EDT

Canada’s publicly traded telecom companies added more than one million...

‘Competition’ definition key to impact of new CRTC directive: experts

telecom | 02/27/2019 6:08 pm EST

The new policy direction for the CRTC announced by the federal government...

Corus sees TV ad rebound in Q1

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

Corus Entertainment Inc. reported quarterly results Friday that showed TV ad revenue increasing 3.6 per...

Quebecor CFO Pruneau to head Videotron

telecom | 01/07/2019 5:35 pm EST

Jean-François Pruneau, Quebecor Inc.’s chief financial officer, has been appointed the new CEO of its...

Lack of scale, device lineup challenges for Xplore Mobile

telecom | 11/16/2018 6:34 pm EST

New Brunswick-based internet provider Xplornet Communications Inc. started selling mobile subscriptions in Manitoba this week, with many watching how the small telecom operator will fare competing against larger players. Xplornet started with an existing base of just over...

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...

CMF-funded kids content tops export sales for first time

Media | 08/28/2018 7:01 pm EDT

The Canada Media Fund (CMF) released its 2017-2018 annual report on Monday,...

Telus says smartphone-specific adds at least on par with competitors

telecom | 05/18/2018 2:54 pm EDT

When paring the first quarter numbers down, Telus Corp.’s smartphone plan...

Freedom on new, ‘sustainable’ trajectory after record sub adds: Shaw

telecom | 04/12/2018 4:46 pm EDT

On the heels of record wireless subscriber growth in its second quarter,...

Corus plans TV ad tech test next month

Media | 04/05/2018 6:29 pm EDT

Corus Entertainment Inc. is “accelerating” its transformation into a more data-centric company, its...

Few surprises in 600 MHz auction framework: analysts

telecom | 03/29/2018 4:15 pm EDT

Innovation Canada has released its framework for the 600 MHz spectrum auction, now scheduled for March 2019, and it will set aside 43 per cent of spectrum for “regional competitors and potential new market entrants,” according...

Analysts welcome regulatory certainty after WiFi MVNO decision

telecom | 03/23/2018 4:12 pm EDT

The CRTC decision Thursday not to mandate roaming for WiFi-first mobile virtual network operators (MVNOs) brings predictability for large telecoms, financial analysts said. “At the highest level,...

In telecoms’ year-end, cord-cutting slows, wireline grows

Media | 03/21/2018 12:14 pm EDT

Canada’s publicly-traded telecoms lost fewer TV subscribers in 2017 than...

25% of Shaw workforce takes voluntary buyout, CFO leaving

telecom | 02/15/2018 2:13 pm EST

Shaw Communications Inc. has revealed that 3,300 employees, or a quarter of its total staff, will take the company up on its offer of voluntary buyouts in a move that will cost $450 million next quarter, but then save it an expected $225 million a year. CFO Vito Culmone...

‘Technical issue’ hurt Rogers churn during Dec. wireless promos: CEO

telecom | 01/25/2018 4:54 pm EST

Rogers Communications Inc.’s systems had a technical glitch that...

With the iPhone, Freedom like a ‘new business’: Mehr

telecom | 01/11/2018 5:47 pm EST

Shaw Communications Inc.’s wireless brand may see its strongest quarter...

As its TV ad revenue drops, Corus says ad tech is the future

Media | 01/10/2018 6:05 pm EST

Corus Entertainment Inc. executives emphasized their optimism about future...

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

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

BCE Inc’s move to open a low-cost, prepaid carrier is “well-timed” and positioned to support the...

Bell mulling advantages in prepaid wireless segment: CFO

telecom | 11/16/2017 4:35 pm EST

When it comes to the wireless industry’s torrid run of late, much of the focus has been on postpaid plans, though BCE Inc. is looking to turn the discussion to the relatively underlooked prepaid segment, which executive vice-president and chief financial officer Glen...

Bell’s $166M AlarmForce acquisition small but strategic buy: analysts

telecom | 11/07/2017 11:42 am EST

BCE Inc. is making a bigger play for the home-security arena with the $166...

Bell needs to do more with ad tech, CEO says

Media | 11/02/2017 3:43 pm EDT

BCE Inc. CEO George Cope said the company needs to do a better job of finding opportunities in emerging advertising technology, as the company seeks additional revenue growth...

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...

Corus, Discovery launching new kids’ content venture

Media | 10/17/2017 7:54 pm EDT

Corus Entertainment Inc.’s Nelvana and Discovery Communications Inc. have...

Analyst reaction largely positive to DHX review

Media | 10/02/2017 5:42 pm EDT

An announcement by DHX Media Ltd. Monday that it is launching a strategic review that could see its board...

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...

New OTT offerings pose threat to BDUs, opportunity for producers

Media | 08/17/2017 4:47 pm EDT

A proliferation of new streaming TV competition in Canada is set to benefit...

Past quarter ‘as good as it gets’ for wireless: RBC analyst

telecom | 08/16/2017 11:49 am EDT

Following a quarter in which Canada’s telecoms all reported strong...

Telus’ record low wireless churn difficult to sustain: CEO

telecom | 08/11/2017 4:20 pm EDT

Telus Corp. took some analysts by surprise when it reported postpaid wireless gains that leapfrogged its rivals in its second-quarter earnings Friday, with a record low 0.79-per-cent churn rate that the company’s president and CEO Darren Entwistle said would be difficult...

Quebecor, Shaw to benefit from 600 MHz set-asides: analysts

telecom | 08/08/2017 3:27 pm EDT

Quebecor Inc.’s Videotron and Shaw Communications Inc.’s Freedom Mobile will be the big winners if Innovation Canada goes ahead with its plans to set aside spectrum for smaller players in the...

Spectrum buy to improve Shaw network, but benefits will take time: analysts

telecom | 06/13/2017 5:40 pm EDT

Shaw Communications Inc. announced Tuesday that it has purchased 700MHz and 2500MHz spectrum from Quebecor Inc. for $430 million, in what Shaw described as  “a significant milestone towards...

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...

CRTC effectively bans most zero-rating in differential pricing decision

Media | 04/20/2017 8:04 pm EDT

As the CRTC banned most forms of differential pricing practices Thursday — including declaring that telecoms can’t pick and chose Internet content to zero-rate and...

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 said in a call with analysts that McAleese would “guide Freedom’s operations in continued growth going forward, and will be instrumental regarding the integration of our wireless operations within Shaw.” Analyst reaction Wednesday was mixed. While Canaccord Genuity’s Aravinda Galappatthige said he viewed Krstajic’s leaving as negative, Barclays Capital...

TV subscriber losses steady, wireless adds at record high in 2016

telecom | 03/16/2017 9:10 pm EDT

Following a year in which cord-cutting increased sharply, the trend seems to have levelled out somewhat in 2016, with Canada’s publicly traded telecoms losing 220,990 TV subscribers, compared to...

Péladeau confirms he won’t bring change to Quebecor

Media | 03/15/2017 9:08 pm EDT

After analyst speculation about whether Quebecor Inc.’s returning CEO would affect the strategic direction of the company, Pierre Karl Péladeau confirmed on a conference...

Bell-MTS deal receives final approval, includes Xplornet in ‘surprise twist’

Media | 02/15/2017 3:07 pm EST

The introduction of Xplornet Communications Inc. into Manitoba’s wireless market was a “surprise twist” to the story of BCE Inc.’s $3.9-billion acquisition...

50 Mbps speeds, LTE part of CRTC’s new basic service requirements

telecom | 12/21/2016 9:14 pm EST

GATINEAU, Que. — Advocates are calling the CRTC’s new basic service requirements — which include a minimum of 50 Mbps download and 10 Mbps upload speeds and LTE coverage —...

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...

December to see ‘hyper competitive’ wireless market: Barclays

telecom | 12/05/2016 6:35 pm EST

Heavy handset promotions during Black Friday and Cyber Monday last month hint at a December that is shaping up to be “hyper competitive” for the wireless market,...

Pick-and-pay won’t tempt consumers to switch or subscribe: RBC

Media | 12/05/2016 6:26 pm EST

The pick-and-pay options launched by Canada’s TV providers last week aren’t likely to appeal to either current subscribers or those without traditional TV service, according RBC Capital...

Wireless gains to continue in 2017: RBC

Media | 11/14/2016 10:22 pm EST

Momentum that Canadian telecoms saw in their wireless divisions over the previous two quarters is expected to continue into 2017, according to an analyst note by RBC Capital Markets. The high levels of overall activations reported by wireless operators that began in the second quarter and exceeded analyst expectations were driven by lower churn and...

Some concern about delay in Natale start date: analysts

Media | 10/18/2016 9:38 pm EDT

It could be mid-2017 before former Telus Corp. head Joe Natale takes over as CEO at Rogers Communications Inc., according to financial analysts, some of whom said Tuesday that the delay could have negative effects on the company. In a research note, Cannacord Genuity’s Aravinda Galappatthige wondered “whether the sudden leadership change and the period of nearly 10 months before Joe Natale steps in (not to mention the time required for the new CEO to ramp up) could potentially compromise the momentum we had been seeing at Rogers.”  He...

Wholesale rate decision could lead to focus on flanker brands, analysts say

telecom | 10/07/2016 8:17 pm EDT

In the days after the CRTC issued a decision that lowered wholesale wireline Internet rates proposed by large Internet Service Providers (ISPs), financial analysts said the large telecoms could...

As Shomi shuts down, experts point to strong competition in OTT

Media | 09/26/2016 9:55 pm EDT

Shomi, the joint Rogers Communications Inc. and Shaw Communications Inc. over-the-top (OTT) video service, will shut down on Nov. 30, the service...

Demand for faster upload speeds growing: analysts

Media | 09/14/2016 9:20 pm EDT

The need for upload speed is growing among Canadian consumers and businesses, though it’s too early to tell whether there’s real demand for symmetrical Internet plans that some companies have begun offering, according...

Shaw primed for Western success with Wind: RBC

telecom | 09/09/2016 4:32 pm EDT

Shaw Communications Inc.’s acquisition of Wind has potential for wireless success in Western Canada similar to that of Quebecor Inc.’s Videotron in Quebec, according to RBC Capital Markets’ Drew McReynolds....

Cable providers readying for full pick-and-pay with theme packs

Media | 08/23/2016 9:24 pm EDT

Some companies are adding more selection to their cable TV packages by going the theme-pack route in preparation for the mandatory full pick-and-pay rules coming into effect this winter. The CRTC laid out the rules for unbundling cable packages last year. In March, the regulator required companies to provide skinny-basic packages for no more than $25 per month and give customers the choice of pick-and-pay for channels or smaller, reasonably priced packages. By Dec. 1, however, companies will be required to offer all of these options. Last week, Rogers Communications Inc. launched...

‘Aggressive’ handset subsidies helped boost wireless subscriptions: analysts

telecom | 08/12/2016 6:11 pm EDT

The significant number of new postpaid wireless customers reported by service providers in the second quarter of 2016 can partly be explained by the aggressive push toward handset subsidies as new phones enter the market and drive demand, according to analysts.   Wireless providers reported...

Bell buys Q9 amidst increasing data centre competition: analysts

telecom | 08/08/2016 9:16 pm EDT

BCE Inc. announced Monday it is buying out its fellow investors in Q9 Networks Inc., a data centre operator in which it currently holds a 35.4-per-cent stake, in a move that analysts...

Telus could face broadband ‘price war’: Barclays

telecom | 08/08/2016 8:48 pm EDT

Telus Corp. could face increasing broadband pricing competition in western Canada as competitors undercut their prices, according to Barclay’s Capital. "We are beginning to see signs of the broadband price war spreading from Ontario to Telus' footprint in western Canada," analyst Phillip Huang said...

Rogers’ Laurence emphasizes Internet ‘need for speed’

Media | 07/21/2016 8:57 pm EDT

Rogers Communications Inc. made it clear that Internet speeds are a key focus for the company on a conference call Thursday, stating Rogers' strategy is to get consumers to a baseline 100 Mbps service in order to encourage future scaling to its gigabit service. “We need to focus on the need for...

Wind hits 1M subscribers in first quarterly report since 2014

telecom | 07/15/2016 10:46 pm EDT

On Friday, Shaw Communications Inc. released Wind Mobile’s first quarterly results since it acquired the wireless company earlier this year, which showed revenues of $132 million for the...

Sports, conventional TV tame Corus gains on Shaw deal

Media | 07/13/2016 9:35 pm EDT

Corus Entertainment Inc.’s first quarterly report since it bought Shaw Media showed the acquisition drove a significant increase in overall revenues, profits and expenses, despite a fall in the division’s revenue due...

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...

Exec cites ‘tipping point’ in customer demand as Sportsnet goes OTT

Media | 03/31/2016 10:46 pm EDT

Rogers Communications Inc. will begin offering its Sportsnet channels without a TV subscription for $24.99 per month, the company announced Thursday. Scott Moore, president of Sportsnet and NHL...

As skinny basic arrives, experts doubt consumer appeal

Media | 03/01/2016 9:41 pm EST

On the day Canadian TV providers were required to make their skinny basic options available to consumers, experts expressed skepticism about how many Canadians will sign up for the new offers and their ability to improve the trend toward cord-cutting. Drew McReynolds, an analyst with RBC Dominion Securities, said in a research note Tuesday that the new options launched by the TV providers “are designed to protect profitability and/or incentivize households to largely stick with existing channel bundles, which in some cases have been improved.” The new offers are the...

Mobile prices on the rise

telecom | 01/19/2016 3:55 pm EST

All major mobile carriers in Canada are raising their prices, according to analysts. Drew McReynolds, an analyst with RBC Dominion Security, detailed in a research note last week how BCE Inc. had recently raised its prices on share plans for premium smartphones by $5 to $65 a month, its plans for...

Shaw-Wind deal means no Rogers merger on horizon: analysts

Media | 12/17/2015 11:00 pm EST

Financial analysts said Thursday that the surprising move by Shaw Communications Inc. to buy Wind Mobile means any potential merger between Shaw and Rogers Communications Inc. won’t happen any...

How do Shaw’s decisions on Canwest, mobile look today?

Media | 12/07/2015 8:30 pm EST

Yesterday's actions can have a profound influence on tomorrow. Such a notion might apply to a couple of decisions Shaw Communications Inc. has made in the last half-decade. The first of those was its 2010 move to spend $2 billion to purchase the broadcasting assets of Canwest Global Communications Corp., which included...

HBO deal bolsters CraveTV against Shomi, Netflix: experts

Media | 11/20/2015 10:15 pm EST

BCE Inc.’s move to acquire exclusive rights to HBO programming on all platforms and become the sole operator of HBO Canada will make its CraveTV over-the-top (OTT) service more competitive...

Darren Entwistle as Telus CEO is ‘less complicated’: analyst

telecom | 08/10/2015 6:18 pm EDT

After a little more than one year on the job, Telus Corp. announced Monday that Joe Natale has stepped down as president and CEO, and has been replaced by Darren Entwistle, who was Natale's predecessor in this job and has been the company's executive chairman ever since the previous changeover. In a press release, Telus listed Natale's reluctance to move to Western Canada for family reasons as a reason for the change, and said the decision was made following an "extensive review" by Telus' board of directors that concluded late Friday. Telus said that "the board determined that the company would be best served by having its chief executive officer reside in...

New CRTC wholesale rules won’t change telco FTTH strategies: analysts

telecom | 07/23/2015 8:59 pm EDT

A day after the CRTC said it would mandate wholesale access to fibre-to-the-home (FTTH) networks by small ISPs, financial analysts said the move likely won’t have a significant impact on...

Bell says its gigabit service marks ‘major shift’ in telecom

telecom | 06/25/2015 9:14 pm EDT

BCE Inc. is leveraging its fibre-to-the-home network to launch a new gigabit Internet service, making it the first large telecommunications company in Canada to offer such connections. It will launch first in Toronto, where 50,000 homes and businesses will have “first access” to the Gigabit Fibe service this...

Is government easing off on spectrum-transfer policy?

telecom | 06/22/2015 8:59 pm EDT

Speculation that the federal government is poised to approve the acquisition of Mobilicity and its spectrum by Telus Corp. or Rogers Communications Inc. has some observers disagreeing whether this would represent a major departure...

Shomi stand-alone proposal could be financially feasible: analyst

Media | 05/27/2015 9:38 pm EDT

At some point this summer, Rogers Communications Inc. and Shaw Communications Inc.’s Shomi streaming service will be made available to customers of other TV and Internet service providers...

Wholesale decision positive for Bell, Rogers, Telus: analysts

telecom | 05/06/2015 5:45 pm EDT

Financial market analysts say Canada's incumbent wireless operators were generally left undamaged in this week's decision by the CRTC to regulate the rates they charge smaller domestic...

Shaw loses profits, subs in Q2

telecom | 04/14/2015 2:51 pm EDT

Shaw Communications Inc. on Tuesday reported $1.34 billion in revenue in its second fiscal quarter, up five per cent from the same period a year earlier, though its net income during the three-month period ended Feb. 28 fell to...

Telecoms will adjust to pick-and-pay regime, analysts say

Media | 03/20/2015 9:10 pm EDT

Financial analysts reacting to the CRTC’s new pick-and-pay rules say they don’t expect the decision to have a major impact on the industry, though the broadcasting side of the business is...

AWS-3 results provide Wind with ‘secure, clear roadmap for LTE’: Lacavera

telecom | 03/06/2015 2:18 pm EST

Wind Mobile will work to roll out LTE connections on its network by the end of 2016, as long as the technology to take advantage of the AWS-3 spectrum it picked up in this week’s auction is ready, Wind chairman Anthony Lacavera said Friday. The results of the March 3 auction were...

‘Moving parts’ making spectrum auction predictions difficult: analyst

telecom | 01/23/2015 7:12 pm EST

Analysts are divided on how two upcoming spectrum auctions will change Canada’s wireless industry as the deadline for registration looms at the end of January. The upcoming AWS-3 and 2500 MHz auctions are taking place against a backdrop of uncertainty as carriers await a decision from the CRTC on wholesale wireless access and fees, a decision that could change the fundamental economics of providing consumer wireless services. Drew McReynolds, a telecom analyst with RBC Dominion Securities, said predictions about the auctions are more difficult in the current climate. “The problem is, there’s so many moving parts,” he said in a phone interview. The AWS-3 auction...

Rogers takes aim at youth with Vice partnership

Media | 10/30/2014 9:27 pm EDT

When Rogers Communications Inc. CEO Guy Laurence wore a leather jacket to the announcement of his company's latest project —a $100 million joint venture with Vice Media Inc. —the unconventional outfit emphasized...

Cable giants’ results show cord-cutting continues

Media | 10/23/2014 9:12 pm EDT

Canada's two biggest cable companies on Thursday reported losses of more than 100,000 television subscribers each over the last year. Roger Communications Inc.'s earnings release showed that it had 2.04 million TV subscribers at the end of the third quarter on Sept. 30, down 111,000 from a year earlier. Shaw...

Quebecor says newspaper sale not connected to wireless expansion

Media | 10/06/2014 7:59 pm EDT

Quebecor Inc. says there is no connection between the $316-million proposed sale of its English-language newspapers to Postmedia Network Canada Corp. and its intention of expanding its mobile services...

Lower prices for AWS-3 auction ‘attractive’ for new entrants: analyst

telecom | 07/28/2014 9:37 pm EDT

The minimum opening bids for the entirety of the available spectrum in the upcoming AWS-3 auction total $162.45 million, with a $97.45 million minimum for the blocks set aside for smaller carriers, Industry Canada said Monday as it launched a consultation on its proposed auction framework. In a Monday research...

Spotlight on Quebecor after Telus reportedly ends Mobilicity bid

telecom | 05/21/2014 8:52 pm EDT

Analysts speculated Wednesday about the possibility of Quebecor Inc. stepping up to purchase Mobilicity following a report that Telus Corp. has withdrawn its offer. An article, which appeared on the Globe and Mail’s website on Wednesday, said Telus has taken its $350-million bid for Mobilicity off the table. Drew McReynolds, a telecom analyst with RBC Dominion Securities, told The Wire Report in a phone interview: “All of this puts Quebecor into the spotlight. They will continue to try to be opportunistic, and it increases the probability of them pursuing a national wireless...

‘That was a lot to spend,’ analyst says of Rogers’ auction activity

telecom | 02/20/2014 9:58 pm EST

Rogers Communications Inc. spent more than expected in the government’s 700 MHz spectrum auction, while Videotron, owned by Quebecor Inc., expanded its network across the country for a relatively low price, analysts said on Thursday. The results of the 700 MHz wireless auction, released on Wednesday, showed...

Wireless sector facing ‘transition year’ in 2014

telecom | 01/06/2014 6:58 pm EST

Carriers still finding their way under the CRTC’s wireless code will face the rollout of 700 MHz spectrum, potential new-entrant consolidation and the recalibration of domestic roaming rates in 2014, in what is poised to be...

Rogers deal a win for Quebecor: analyst

telecom | 05/31/2013 5:21 pm EDT

A network sharing agreement between Rogers Communications Inc. and Quebecor Media Inc.'s telecom subsidiary is a “material win” for Videotron and positive for Rogers, RBC telecom analyst Drew McReynolds said. In a...

Allstream’s fibre network supports Accelero’s plans for Wind: analysts

telecom | 05/27/2013 8:15 pm EDT

Accelero Capital Holding's deal to purchase Allstream from Manitoba Telecom Services Inc. will give the company a cross-country fibre network that would provide backhaul support for mobile wireless services and bundled Internet, voice and mobile wireless contracts in the business market. That is, of course, if...