Cable / Telecom News

Quebecor buys management, naming rights to new arena

QUEBEC CITY - Quebecor Media said Tuesday that it has inked a 25 year agreement for the management and naming rights to Quebec City’s future arena.The company confirmed that it has “made financial commitments of between $110 million and $200 million” to the arena, which is slated to open at the end of 2015, and believes that the deal will help in its quest to attract an NHL franchise back to Quebec City."Quebec is one of the most wonderful hockey cities in the world and I am determined to bring the Nordiques back”, said president and CEO Pierre Karl Peladeau, in a...