Cable / Telecom News

Vecima downgrades targets for 2009

VICTORIA - Vecima Networks said that it will be unable to meet its fiscal 2009 revenue growth targets due to the softening of its markets and shipping delays. The manufacturer... Continue Reading

Look posts $3.4M loss for Q2

TORONTO and MONTREAL – Struggling Look Communications recorded losses across the board for its second quarter of fiscal 2009 ended February 28, 2009. Service and sales revenue from continuing operations for... Continue Reading

Godfrey, Neuman join BoD at DAVE

TORONTO – New wireless entrant DAVE Wireless has added Paul Godfrey and Michael Neuman to its Board of Directors.Godfrey was president and CEO of the Toronto Blue Jays from 2000... Continue Reading

Rogers’ profit drops by 10%

TORONTO – While Rogers Communications reported its first quarter consolidated revenue grew 5% to reach $2.7 billion, it also saw a 10% drop in its net earnings.For the quarter ended March 31,... Continue Reading