DARTMOUTH, N.S. – Newcap Inc. announced Thursday it will acquire the broadcasting license for radio station CHNI-FM in Saint John, N.B., from Rogers, pending approval from the CRTC.
“This licence is a great fit for our company as it expands our presence in New Brunswick and represents our entry into the Saint John market. We are eager to serve and become part of the community,” Newcap president and CEO Rob Steele said of the announcement.
Newcap, a wholly-owned subsidiary of Newfoundland Capital Corporation, has 88 radio broadcasting licenses across Canada.
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TORONTO – On Wednesday Rogers announced a new customer loyalty program that it hopes will keep customers from switching to rival carriers will launch in key markets this year.
Eligible customers will be notified and enrolled in the Rogers First Rewards program as it becomes available in their region. Customer can earn points on eligible purchases which can be redeemed online for a selection of Rogers products and services from the Rogers First Rewards catalogue. Rogers says the program comes with no blackout periods or fees.
Rewards, which will vary depending on the customer’s region,…
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TORONTO – A group of Canadian telcos, including Rogers, Bell, and Telus, have filed a court motion seeking leave to appeal from certain sections of the CRTC’s wireless code they say are unclear about when the code actually comes into effect.
In a motion filed by the Big Three, along with MTS Inc., NorthernTel, SaskTel, Télébec, and Société en Commandite, the companies contend that the CRTC overstepped its jurisdiction by attempting to make the code “retrospectively applicable” to wireless contracts that were created before the code comes into effect on December 2, 2013.
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TORONTO – Corus Entertainment announced Tuesday the appointment of Chris “Dunner” Duncombe as director of new media for Corus Radio.
In his new role, Duncombe will provide overall strategic leadership and management to Corus Radio’s new media activities across the country. Most recently, he was senior brand director of 99.3 The FOX and director of interactive media at Corus Radio Vancouver. Before joining Corus, Dunner was director of marketing and an on-air announcer for Rogers Media Broadcasting for 104.9 XFM.
Duncombe is also a multiple Canadian Music Week award winner and recipient of the BDS…
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TORONTO – Reaction to last week’s news of Verizon’s entry into the Canadian wireless market has sent Telus and Rogers shares into decline, while market caps for BCE, Shaw, Bell Aliant and MTS have increased – a move that Canaccord Genuity analyst Dvai Ghose calls “baffling.”
Ghose says Rogers and Telus were oversold based on the perceived risk of Verizon entering Canada. Rogers and Telus shares have dropped 10.3% and 12.1%, respectively since June 17, when the Globe and Mail first reported Verizon was looking at getting into the Canadian market by purchasing Wind Mobile. In…
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MAKE NO MISTAKE, it was a long road, but BCE Inc. finally won the right to purchase the most coveted licensed assets owned by Astral Media. However, CRTC decisions are so much more nuanced than a simple “yes” or “no”.
So below we give you our first impression of the decision broken down by the number of points Bell won with the Regulator – and lost.
WIN: No additional divestitures. Bell executives said repeatedly through the whole process that it could live with certain conditions – even some unprecedented, stringent ones, but it would not proceed with the deal if the…
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CALGARY – Cable and media conglomerate Shaw Communications announced this morning consolidated revenue for the three and nine month periods of $1.33 billion and $3.90 billion, respectively, was up 4% and 3% over the comparable periods last year.
Total operating income before amortization of $585 million improved 3% over the comparable quarterly period and the year-to-date amount of $1.72 billion was up 6%, says the press release. Free cash flow for the three and nine month periods was $138 million and $543 million, respectively, compared to $203 million and $379 million for the comparable periods last year. Increased operating income…
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TORONTO – Hardcore sports fans will be able to celebrate Canada Day with Sportsnet 360, as Rogers officially debuts the rebranded network from recently-acquired The Score network to the Sportsnet brand.
Sportsnet 360 will be unveiled at 1 p.m. ET/10 a.m. PT on July 1 during the station’s first live event broadcast, the Blue Jays vs Detroit Tigers game live from Toronto’s Rogers Centre.
After the Jays game, Sportsnet 360 will debut its newest show, Blue Jays Xpress – a 30-minute, interactive post-game show hosted by Sportsnet 590 The FAN’s Eric Smith, with former Blue…
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THE BIG NEWS WEDNESDAY was that American telco Verizon has made a real offer to buy Wind Canada from its majority owner, VimpelCom. The Globe and Mail cited sources who claim that the big U.S. firm has put an opening bid of $700 million on the table and is also talking to Mobilicity about a potential purchase of that distressed company.
The speculation (nobody from any of the companies will confirm anything at this point, beyond reports last week from Verizon CFO Fran Shammo that the company is taking a peek north) caused Canadian telecom shares…
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TORONTO – ?Rogers said today that The Maclean’s Great Canadian Countdown will no longer air on July 1 on City as previously announced.
In a release, the company said the decision was made to cancel the July 1 broadcast out of respect for Alberta residents dealing with the recent flooding situation.
“Because the lighthearted program featured Calgary prominently, Rogers Media decided that out of respect for Albertans, who are currently dealing with the serious aftermath of unprecedented flooding, the program should not air at this time,” the company stated in the…
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