Cable / Telecom News

Telus to invest $500 M in B.C.

VANCOUVER – Telus is investing $500 million on advanced wireless and wireline broadband infrastructure in British Columbia, the company announced Tuesday. Construction of its next generation wireless network is underway, and… Continue Reading

Telus appeals to the Feds, too

OTTAWA – Add Telus to the list of telco’s appealing to the Federal government over CRTC decisions. The B.C.-based telco filed a petition to the Governor in Council late… Continue Reading

Compton adds to HD lineup

TORONTO – Utica, ON-based Compton Cable is the latest distributor to launch High Fidelity’s Oasis HD, Treasure HD, Equator HD and Rush HD, the companies announced. Offered as the… Continue Reading

Huntington hangs up on Phonetime

MISSISSAUGA, ON – Long distance telecom provider Phonetime Inc. has scrapped plans to buy Huntington Telecom, a privately held wholesaler of international long distance minutes based in New York…. Continue Reading

CRTC calculates Part 1 fees for the year

OTTAWA – The CRTC estimates its total broadcasting regulatory costs for the 2009-2010 fiscal year are $28.469 million. The broadcasting licence fee regulation provides for the payment of Part I… Continue Reading

Glentel sees 31% jump in sales for 2008

BURNABY, BC – Telecom retailer Glentel reported a 31% increase in consolidated sales for their 2008 fiscal year, thanks in part to opening 24 new retail stores across Canada. Consolidated… Continue Reading

Telesat reports $822 M net loss

OTTAWA – Satellite service operator Telesat reported a net loss of $822 million for 2008, which it explained as a result of “non-cash losses arising from foreign exchange fluctuations and… Continue Reading

It’s official for Globealive

TORONTO – Globalive Wireless Management Corp. has “officially” received its wireless spectrum licenses from Industry Canada. The wireless newcomer, which offers the Yak long distance product, VOIP and third-party… Continue Reading

Shaw gets an upgrade from Moody’s

TORONTO – Moody’s Investors Service has upgraded Shaw Communications’ senior unsecured debt ratings to Baa3 from Ba1, after concluding a ratings review that began at the end of January.  Shaw’s… Continue Reading