TORONTO – Look Communication's shareholders voted “overwhelmingly” in support of a plan to sell some or all of its key assets. Approximately 94% of voters approved the sales process and... Continue Reading
QUEBEC CITY - Canadian telecom test and measurement equipment manufacturer EXFO Electro-Optical Engineering reported first quarter growth across sales, net bookings and gross margins.Sales grew by 13.1% to US$46.4 million from... Continue Reading
SCHAUMBURG, Ill. – Communications device manufacturer Motorola today announced further cost reduction actions, primarily associated with the company’s mobile devices business. Motorola will further reduce its workforce in 2009 by... Continue Reading
MONTREAL – Despite the weakened economy, Cogeco Inc. maintained a solid growth curve in the first quarter of fiscal 2009, the company reported. Consolidated revenue at Cogeco Cable (including its... Continue Reading
TORONTO – Canadian corporate icon Nortel Networks has announced that it is seeking bankruptcy protection under the Companies' Creditors Arrangement Act ("CCAA") in Canada and under the Chapter 11 provisions... Continue Reading
GATINEAU – Pay television network Super Channel appeared before the CRTC Wednesday to share their example of “inequity in minority language rights regulations”. Citing his frustration that Super Channel is... Continue Reading
OTTAWA – Industry Canada has posted some of the information that broadcasters will require in order to make applications for permanent over-the-air digital television (DTV) services. The information includes details... Continue Reading
MONTREAL – Inukshuk Wireless has issued a call for proposals that help to promote on-line learning in its ten licensed areas. Approximately $2.4 million is available to be awarded for... Continue Reading
HALIFAX – Bell Aliant will cut 500 management positions, or 5% of its overall workforce, this year in an effort to “increase competitiveness,” the company announced today. In announcing a... Continue Reading
OTTAWA – The CRTC has issued a call for comments on a proposed model tariff for the 9-1-1 emergency response service offered by competitive local exchange carriers (CLECs).The Commission developed... Continue Reading
