TAGGED AS DREW MCREYNOLDS
Stingray reports revenue and subscriber growth in Q4
Media | 06/07/2023 5:33 pm EDT
Revenues and subscriber growth featured prominently in Stingray Group Inc.’s quarterly report Wednesday. The Montreal-based broadcaster issued numbers for the fourth quarter, ended March 31, and for the year as a whole.
For Q4, growth was 3.3 per cent, including 7.6 per...
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...
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 financial uncertainty created by the COVID-19 pandemic.
"In light of the potentially material impacts resulting from the COVID crisis on the overall economy, and our...
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...
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 company recently spent on 600 MHz spectrum in a speech to shareholders that effectively doubled as an anti-MVNO message to government on Thursday.
“The race to 5G is not with other carriers,”...
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...
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 Videotron subsidiary, in a move analysts said Monday was positive for the company.
Barclays analyst Phillip Huang said in a note that Pruneau is “very well-known to...
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...
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 in each of the previous two years, while they added enough wireless customers to beat last year’s record high of new wireless adds.
A Wire Report compilation of the subscriber numbers reported by...
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...
‘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 government’s direction for consumer-friendly mobile options, according to analysts.
“With the government’s ongoing focus on affordable wireless services and...
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...
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 wireless numbers, RBC Capital Markets analyst Drew McReynolds said he expects a healthy wireless environment to continue.
The trend will be driven by “continued gains in wireless penetration” due to...
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...
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 ordering Quebecor Inc.’s Videotron to stop offering its Unlimited Music service — Chairman Jean-Pierre Blais suggested the move levels the playing field between small and large telecoms and content providers and their customers. While noting that though there were Unlimited Music subscribers who...
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...
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 growth in new postpaid subscribers, but exact reasons for the “sudden increase…remain unknown,” Drew McReynolds said in a Friday evening note. Companies, reporting their third-quarter results, pointed to factors including higher LTE penetration, an increasing number of handsets, wireless adoption by a younger demographic, immigration and a stronger economy, McReynolds highlighted. Average revenue per...
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...
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. In a research note published Friday, McReynolds used the Quebec-based company’s wireless efforts since 2010 as a benchmark against which Shaw might find room to thrive as a wireless carrier. McReyolds said in the note that he expects Shaw-Wind to launch a “Shaw-branded wireless service in order to maximize bundling and business market opportunities....
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...
‘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 properties at Rogers, said in a phone interview that the company chose to do so because “this is what a certain segment of our consumer base is asking for. You would have to have your head in the sand over the last three to five years if you weren’t paying attention to the way people consume...
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...
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 against rivals, experts said. Having national HBO rights should “bolster the competitive position of CraveTV relative to other OTT services,” such as Netflix and Shomi, especially when CraveTV launches as a stand-alone service next year, RBC Dominion Securities analyst Drew McReynolds said in a research note. Bell Media announced the deal Thursday, stating the move gives it “the...
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,...
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 announced by Industry Minister James Moore at a Friday morning event in Toronto, with Wind adding three AWS-3 licences in southern Ontario, Alberta and British Columbia for $56.4 million. “This is obviously a very positive development in terms of getting us a secure, clear roadmap for LTE in 95 per cent of our coverage area,” Lacavera said in a Friday phone interview. Thirty of the 50...
‘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...
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 note, RBC Dominion Securities analyst Drew McReynolds said the auction, which was announced earlier this month, has an “attractive” minimum price for the set-aside spectrum and that its framework “remains supportive of a fourth national wireless player.” “Although there are still many moving parts that need to be connected … we would be...
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...
‘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...