XM Canada buys back senior notes

TORONTO – Canadian Satellite Radio Holdings, the parent company of XM Canada, has re-purchased US $9M of its senior notes in an effort to save annual interest."This is in keeping... Continue Reading

Nortel to sell off packet core assets

TORONTO – Nortel Networks is preparing to auction off the assets of its next generation packet core network components.The packet core assets consist of software to support the transfer of... Continue Reading

Astral radio shortchanges Cancon in 2008

OTTAWA – Astral Media Radio has offered to donate $750,000 to make up for a 2008 Canadian content development (CCD) contribution shortfall impacting 65 of its commercial radio stations.According to... Continue Reading

Stingray, CCSA sign deal

QUISPAMSIS and MONTREAL – Karaoke Channel owner and Galaxie Music service distributor Stingray Digital has signed an affiliate agreement with the Canadian Cable Systems Alliance.The deal allows for the continued... Continue Reading

Bell Aliant debuts fibre optic network

FREDERICTON, NB - Bell Aliant’s new fibre optic network FibreOP is up and running in areas of Fredericton. Residential customers can now choose from options such as Internet services featuring... Continue Reading

MTS Internet as fast as lightning

WINNIPEG - MTS Allstream has introduced two new residential high-speed Internet plans called Lightning Bolt and Lightning Super MAX.The Lightning Bolt plan is a variable speed service that leverages bandwidth... Continue Reading