Cable / Telecom News

Look stops sale process

TORONTO and MONTREAL – Because of the altered – and altering – media and telecom space, wireless web and TV carrier Look Communications said late last night that it is no longer actively looking for as buyer. Technically, it has‘‘ discontinued its strategic review and maximization of shareholder value process,’’ says the press release. As reported by Cartt.ca, the process started in late 2006 and ‘‘was commenced in an environment which is entirely different to the Canadian information, communication and entertainment environment that exists today. The Canadian landscape has changed dramatically with the following being just some of the events...