Cogeco Cable Inc. has abandoned a multi-year project to establish an Internet protocol-based TV platform in Canada and will instead launch a service in partnership with TiVo Inc. that its CEO says gives it "all of what we want and more." The decision to cancel plans for building out an IPTV system for Canada resulted in its third-quarter profit being cut almost in half, the company announced in a press release issued late Wednesday. The company said its earnings for the three months ended May 31 were $35.5 million, down from $48.1 million a year earlier. Its recent results included...
The CRTC not only has the right to implement its consumer-friendly wireless code, but its powers extend to the so-far-unused ability to determine prices within the wireless industry, the commission said in a response filed Thursday to a court challenge from some of Canada’s biggest telecoms companies. The telecoms regulator was defending its regulatory power from a Federal Court of Appeal challenge, led by mobile providers BCE Inc., Rogers Communications Inc., Telus Corp., Manitoba Telecom Services Inc. and SaskTel, who allege that the CRTC overstepped...