Shaw buys back 1.5M non-voting shares

CALGARY – Shaw intends to purchase for cancellation 1.5 million of its outstanding Class B non-voting participating shares for an aggregate purchase price of almost $28 million.This represents approximately 0.36% of... Continue Reading

Nortel sells GSM business to Ericsson, Kapsch

TORONTO - Ericsson and Kapsch CarrierCom AG have jointly purchased Nortel Network’s GSM wireless technology business for US$103 million in cash.Approximately 680 Nortel employees will receive offers of employment from... Continue Reading

Everybody is “most reliable”, says judge

VANCOUVER – Now that Telus and Bell also operate HSPA wireless networks, too, Rogers Communications can’t call itself “Canada’s most reliable network” any more without proper qualifiers.As we reported last... Continue Reading

CAB names 2009 Hall of Famers

OTTAWA – The Canadian Association of Broadcasters inducted eight people into its Hall of Fame, it was announced today, calling them “a diverse mix of industry experts who have made... Continue Reading