Growth continues at EXFO

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… Continue Reading

Moto to cut 4,000 more employees

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… Continue Reading

Cogeco continues to grow

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… Continue Reading

CRTC grants CBC, CAB one month extension

OTTAWA – The CRTC has agreed to delay proceedings on a proposed regulatory framework for video-on-demand (VOD) undertakings and advertising in local availabilities, but only by a month. As reported… Continue Reading