BURNABY,B .C. – Telecommunications retailer Glentel says greater choice in Smartphone technology, such as the July launch of the Apple iPhone by Rogers, helped push their consolidated sales for the third quarter up 48% to $90.6 million.
The company’s quarterly results, released today, also report an operating income of $9.7 million for the third quarter of 2008 compared to $7 million in 2007 (before interest and taxes), and net income for the quarter increased 48% to $6.5 million.
“I am extremely pleased to report such strong results for the third quarter," said Thomas Skidmore, president and CEO, in the…
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TORONTO – New wireless venture BMV Holdings has appointed ex-Bell Mobility president and ex-Rogers executive Alek Krstajic as CEO to lead its introduction of wireless services in Ontario and Quebec in late 2009.
BMV, which will launch under another, yet unannounced brand name, said in its release today that it will build a wireless network in both provinces that will provide unlimited talk and text offerings at “an industry-leading price point” using flat-rate plans. The company was created in July following its purchase in Industry Canada’s wireless spectrum auction of PCS G Band covering almost 19-million Canadians in the…
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TORONTO – Rogers Wireless has teamed up with RBC and Visa to launch a mobile phone payment pilot program which will allow Canadians to make secure purchases using their mobile phone, the companies announced today.
Designed to be a fast and convenient way for customers to pay for small purchases, pilot participants will be issued specially-equipped Motorola mobile phones that can simply be waved at Visa payWave-enabled checkout readers at select retail stores and quick-service restaurants in Toronto’s downtown core.
"As Canada’s largest wireless provider, Rogers Wireless is continually seeking ways to provide our customers with new and innovative…
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SAVE FOR THE CONVENTIONAL broadcasters who wanted their new fee, many in the industry are, if not slapping the Commission heartily on the back, recognizing that coming up with new regulatory frameworks for BDUs and discretionary TV channels wasn’t likely an easy task and that the Regulator has done a decent job in addressing the myriad issues.
Click here for our summary of Thursday’s release.
Sure, cable, satellite and telco TV companies don’t want to divert another 1% of revenue to yet another programming fund, the broadcasters’ bet on fee-for-carriage didn’t come through and many wish advertising in…
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TORONTO – Rogers Communications founder and CEO Ted Rogers has been admitted to hospital, the company announced late Friday afternoon.
He is being treated for “an existing cardiac condition,” reads the press release. Rogers has temporarily relinquished his responsibilities as the company’s CEO to board chairman and former company CFO Alan Horn.
“The length of Mr. Rogers’ leave will be determined by his overall health and medical progress,” said the short release. It didn’t identify the hospital in which he is staying.
Rogers, 75, has a long history of ill health, beginning with a heart attack in his 50s….
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TORONTO – Canadian Music Week announced this week that radio broadcaster Chuck McCoy will be inducted to the Canadian Music Industry Hall of Fame during Rogers Canadian Music Week held in March 2009.
Now the executive vice-president of programming and marketing for Rogers Radio, the industry veteran has been part of the broadcast industry for over 40 years.
The release said that McCoy will be honoured for his “stellar contributions to the Canadian broadcasting industry” with the Lifetime Achievement Award on Thursday, March 12, 2009 at the annual Canadian Music Industry Awards gala reception at the Fairmont Royal York…
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TORONTO – Facing a "moderate recession" in Canada, our cable and media companies seem well positioned to weather a deteriorating economy, says a recent analyst’s research report.
BMO Capital Markets financial analyst Tim Casey – who covers cable and media in Canada – admitted that while he was lowering his overall earnings forecasts “for the second time in three weeks” based on an “underlying thesis” of a “moderate recession in Canada” like the one we endured in the early 1990s, most companies seem well positioned to ride it out.
On the radio side, which is of course tied to…
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TORONTO – Sales of the Apple iPhone helped push third quarter net income to $495 million at Rogers Communications, up 84% over the same period last year.
The company’s third quarter results, for the period ended September 30th, also reported that consolidated revenue for the company grew 14% to $3 billion, and adjusted operating profit increased 4% to $1 billion.
“The double-digit revenue growth and continued healthy level of subscriber additions that Rogers generated in the third quarter reflect the quality and utility of our service offerings in the face of an increasingly challenging economic backdrop which we are…
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MONTREAL – Over a dozen more rural communities in Alberta, British Columbia and Ontario can now access high speed wireless service through the Inukshuk Wireless network.
The company announced today that Balzac, Coalhurst, Sterling, Lundbreck and Peigan 147 in Alberta, plus BC’s Oyama, Duck Lake 7, Dewdney, Deroche, Harrison Mills, and the three Ontario communities of Mnjikaning First Nation 32, Sarnia 45 and Six Nations 40, have been added to their national broadband high-speed wireless network which reaches approximately 30 million Canadians.
"The commitment by the Learning Plan Fund and its Advisory Committee members to bring high speed broadband…
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OTTAWA – Robert Charlebois and David Clayton-Thomas will be inducted into CAB Broadcast Hall of Fame next month in the music star category at the Canadian Association of Broadcasters annual convention.
“In a career spanning more than 30 years, writer/composer/musician/performer Robert Charlebois has become a central figure in song both in Québec and around the French-speaking world. Charlebois has received numerous prizes and distinctions testifying to the recognition of his peers and the quality of his thousands of shows and more than twenty albums: Prix de l’Académie Charles-Cros, Médaille d’or des Olympiades de la chanson, Prix de la Ville…
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