CRTC calculates Part 1 fees for the year

OTTAWA – The CRTC estimates its total broadcasting regulatory costs for the 2009-2010 fiscal year are $28.469 million. The broadcasting licence fee regulation provides for the payment of Part I… Continue Reading

Glentel sees 31% jump in sales for 2008

BURNABY, BC – Telecom retailer Glentel reported a 31% increase in consolidated sales for their 2008 fiscal year, thanks in part to opening 24 new retail stores across Canada. Consolidated… Continue Reading

Telesat reports $822 M net loss

OTTAWA – Satellite service operator Telesat reported a net loss of $822 million for 2008, which it explained as a result of “non-cash losses arising from foreign exchange fluctuations and… Continue Reading

It’s official for Globealive

TORONTO – Globalive Wireless Management Corp. has “officially” received its wireless spectrum licenses from Industry Canada. The wireless newcomer, which offers the Yak long distance product, VOIP and third-party… Continue Reading

Shaw gets an upgrade from Moody’s

TORONTO – Moody’s Investors Service has upgraded Shaw Communications’ senior unsecured debt ratings to Baa3 from Ba1, after concluding a ratings review that began at the end of January.  Shaw’s… Continue Reading