Cable / Telecom News

Canadian wireless industry stable, says Moody’s

TORONTO – The industry outlook for Canadian wireless carriers remains stable, according to Moody’s Investors Service, though the company upgraded its outlook on U.S.-based carriers to ‘positive’ from ‘stable’. Moody’s said… Continue Reading

Lindsay Broadband technology bound for Alaska

PETERBOROUGH, ON – Lindsay Broadband will help to support E911 services in Alaska. Alaskan service provider GCI Communications has selected Lindsay’s Universal LSA-UPS for their customers who receive digital phone… Continue Reading

Telehop slashes net loss again

TORONTO – Cost cutting efforts at Telehop Communications continue to pay off as the telecom provider cut its second quarter net loss to $62,318, compared to a net loss… Continue Reading

Glentel buys U.S. wireless retailer

BURNABY, BC – Wireless retailer Glentel is expanding into the U.S. after buying up Diamond Wireless for US$50.45 million. Headquartered in Salt Lake City, Utah, Diamond Wireless operates 128 stores… Continue Reading

Losses hit $1.5B at Nortel

TORONTO – Nortel reported a second quarter loss of $1.5 billion as it continues to push through its restructuring process. The loss includes non-cash charges of $1.4 billion related to a change… Continue Reading