CEO says they are “more determined and motivated than ever” to expand across Canada
MONTREAL – Quebecor Inc. today announced its second quarter 2022 financial results, which states revenue for the quarter was $1.1 billion – a decreased of $16 million compared to Q2 2021.
Adjusted EBITDA was reported to be $491.4 million, a $10 million decrease compared to the same quarter of 2021, according to a press release.
In its telecommunications segment, Quebecor reported $912.6 million in revenue for Q2 2022 (a decrease from $928.4 million in the same quarter of 2021) while adjusted EBITDA was $487.5 million (up from $481.5…
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TORONTO — Live television app toober* announced yesterday it has launched eight more channels.
The new channels include Euronews Spanish, Euronews Portuguese, Euronews German, Euronews Greek, Euronews Russian, Euronews Hungarian, Euronews Italian and Pulse TV, an English-language music video entertainment channel.
toober also announced the app can now be found in the Roku Channel store on all Roku TVs.
In Canada, the app is available on Rogers, Shaw, Videotron, Apple TV, Google TV Playstore and now, Roku. It will launch globally and on additional platforms later this year, according to a press release.
“toober aims to fill a gap in the live streaming…
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By Steve Faguy
MONTREAL — VMedia, the independent internet and television service provider that pioneered delivering television services over IPTV systems in Canada, was quietly acquired by Quebecor last week – but that does not mean it intends to fade away.
Instead, Quebecor is financing its expansion, giving it the resources it needs to grow its subscriber base across the country and offer a bundling option that Quebecor’s Videotron can combine with its expansion of mobile services outside Quebec.
The purchase price of the deal was not disclosed. According to documents filed with the CRTC, Quebecor acquired all shares of VMedia from…
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TORONTO — Rogers Communications today reported its financial results for the second quarter of 2022, while also announcing the outside date for its proposed merger with Shaw Communications has been extended to Dec. 31, 2022.
In addition, when releasing its results for the second quarter, the company announced the estimated cost of compensating its customers for its recent nationwide network outage is $150 million. These customer credits will be included in Rogers’ third quarter 2022 operating results, according to a press release announcing the company’s Q2 2022 results.
Rogers also plans “to spend more on our wireless and wireline networks…
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By Denis Carmel
OTTAWA – The House of Commons INDU committee heard from a series of witnesses today about the July 8 Rogers Communications outage that impacted Canadians across the country, including those trying to access emergency services.
Both meetings the committee decided to hold before the end of July were held today back-to-back.
First among the witnesses there were older white men in suits including François-Philippe Champagne, minister of Innovation, Science and Industry. While the soon fired Rogers CTO, Jorge Fernandes was in Portugal, the minister was in Japan when he heard in the middle of the night…
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TORONTO – Jorge Fernandes is no longer Rogers Communications’ chief technology and information officer.
While no official announcement has been made, the company’s leadership page on its website indicates Ron McKenzie (above) was made the company’s chief technology and information officer in July 2022. A Rogers spokesperson confirmed the change happened yesterday.
“Rogers can confirm Jorge Fernandes will be stepping step down from his role as Chief Technology and Information Officer,” reads a statement from the spokesperson. “Effective immediately, Ron McKenzie becomes Chief Technology and Information Officer.”
The change comes nearly two weeks after Rogers networks went down across the country.
Fernandes…
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SAINT JOHN, N.B. — The Canadian Communication Systems Alliance (CCSA) today provided more information about two keynote speakers scheduled to make presentations at the organization’s CCSA Connect 2022 conference, happening Sept. 26-28 in Mont-Tremblant, Que.
Shawn Kanungo (above, left) is “a globally recognized innovation strategist who previously spent 12 years at Deloitte working closely with leaders to better plan for the opportunities associated with disruptive innovation and helped hundreds of organizations on their journey to digital transformation,” reads a CCSA email alert.
Kanungo’s presentation Strategy in a World of Disruption on Sept. 27 will examine “how the business world has fundamentally…
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TORONTO — toober, a Toronto-based live television app*, announced earlier this month it has launched six new channels.
Launched in June, the new channels include Euronews English, Euronews French, RAI Italia, RAI World Premium, RAI News 24 and Universal Vision TV (Spanish, Portuguese and English programming).
toober “aims to fill a gap in the live streaming market by providing subscribers access to all of their favourite channels from around the world at one low price,” a press release says.
The toober app is currently available in Canada on Rogers, Shaw, Videotron, Apple TV and Google TV Playstore. It will launch globally…
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QUEBECOR PRESIDENT AND CEO Pierre Karl Péladeau released a statement yesterday criticizing an opinion piece published in the Globe and Mail last week, which itself criticized the pending merger of Rogers Communications and Shaw Communications generally and the sale of Freedom Mobile to Quebecor as a remedy for competition-related concerns about the merger specifically.
The opinion piece was written by Centre for International Governance Innovation fellow Keldon Bester (who co-founded the Canadian Anti-Monopoly Project) and Carleton University PhD candidate and consultant Ben Klass in the wake of the nationwide Rogers outage earlier this month.
Péladeau is calling three…
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Expert group concludes work with little attention given to website blocking proposal
By Amanda OYE
OTTAWA – The work of the government’s Expert Advisory Group on Online Safety, which was appointed in March to provide advice on the government’s proposed approach to dealing with harmful content online, has come to an end with the summary of its final session being posted online last week, but the government will continue seeking input on the matter from Canadians and stakeholders throughout the summer.
“I thank the expert advisory group for their work,” said Heritage Minister Pablo Rodriguez in a statement emailed to Cartt.ca….
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