Cable / Telecom News

Rogers buys up more Cogeco shares

TORONTO – Could Rogers and Cogeco be joining forces? Rogers announced Thursday that it has purchased 3.2 million subordinate voting shares of Cogeco Cable, and 1.62 million subordinate voting shares… Continue Reading

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%… 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… Continue Reading