TORONTO – A 5% drop in revenue last year helped push Nortel Networks’ net loss to $5.8 billion for 2008.Nortel, who filed for creditor protection in January, saw fourth quarter revenue... Continue Reading
WASHINGTON, DC - A ‘Main Street America’-themed technology showcase called ‘Broadband Nation’ will debut at The Cable Show ’09 as the centerpiece of the exhibition floor.Highlighting the services and consumer benefits associated with... Continue Reading
Mobile WiMAX will outpace long term evolution (LTE) over the next few years, due to its head start on deployments, says new research from In-Stat. The report, called ‘The Road... Continue Reading
OTTAWA - Satellite service operator Telesat launched its Telstar 11N satellite from the Baikobur space centre in the Republic of Kazakhstan early on Friday. The satellite will be located at 37.5... Continue Reading
GATINEAU – There are currently no viable business models for broadcasting in the digital world, both the CBC and Corus Entertainment, two broadcasters who have taken extensive forays into the... Continue Reading
DALLAS, TX – AT&T will spend close to $1 billion this year to build out its global network, infrastructure, and enhance services and support to it’s customers, including those in... Continue Reading
MONTREAL – Growth at Quebecor’s cable company Videotron helped the company see an almost 11% increase in revenue, and an 18% jump in operating income for fiscal 2008. The company, which announced... Continue Reading
MONTREAL – Videotron described 2008 as “significant in terms of milestones”, as it marked its 14th consecutive quarter of growth across its cable TV, Internet, cable telephone and wireless telephone... Continue Reading
MISSISSAUGA, ON and SAN FRANCISCO, CA - Bell Mobility will be the first wireless carrier to offer Canadians full SMS (short messaging service, or mobile text messaging) support for interacting... Continue Reading
TORONTO – Nortel will reduce its workforce by an additional net 3,200 positions worldwide, the company announced Wednesday. The reductions will happen over the next several months, “in accordance with local... Continue Reading
