Cable / Telecom News

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