Cable / Telecom News

CORRECTION: Craig Wireless reports Q2 results

WINNIPEG – Last week, Craig Wireless Systems released its second quarter financial statements the second quarter of fiscal 2008, ended February 29th. The previous story which appeared on Cartt.ca contained erroneous information concerning the level of the company’s quarterly loss. Below is the correct information. Cartt.ca regrets the errors. Revenue for the second quarter ended February 29, 2008, was $482,745, with a loss per share of $0.02 and a net loss of $1.175 million, a 17% increase over Q2 2007 for the growing company. The corporation also noted it is transitioning its focus away from its current services of fixed-wireless...