CALGARY – Shaw Communications has amended the terms of its five-year $1 billion bank credit facility with its syndicate of ten financial institutions, including The Toronto-Dominion Bank as lead arranger and sole bookrunner, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Bank of Nova Scotia as syndication agents and Bank of Tokyo-Mitsubishi UFJ (Canada) as documentation agent.
The maturity date of the facility has been extended from January 2017 to December 2019.
Shaw said that the facility is used for general corporate purposes.
www.shaw.ca
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TORONTO, MONTREAL and WOODSTOCK – Industry stakeholders wasted little time before commenting on Industry Minister James Moore’s spectrum announcement, with the majority expressing optimism, albeit cautiously.
Rural broadband provider Xplornet Communications said that it was “pleased and relieved” that Industry Canada and Minister Moore revised the previously proposed 3500 MHz spectrum policy, saying that the approach proves that the Minister understands the importance of 3500 MHz spectrum in providing fast and affordable high-speed Internet to rural Canadians.
“The Minister has taken a balanced approached that does no harm to the tremendous gains that have been made in the past few…
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“I BEGAN MY CAREER AT ROGERS 45 years ago, just after the 1968 Broadcasting Act was enacted and this Commission was created,” Phil Lind told CRTC chair Jean-Pierre Blais during the company’s appearance at September’s TV Policy Review hearing.
“Since that time, Mr. Chairman, I have had the pleasure of appearing before you and all your predecessors. I reckon I have represented Rogers at more than 100 broadcasting hearings over the past four-and-a-half decades.” That’s right, Lind has appeared before every single CRTC chairman there has ever been. His fingerprints are all over broadcasting policy in Canada.
There are very few…
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THE CHANGES WHICH have happened in wireless market over the last five years have been stunning in their breadth, depth and speed. The explosion in popularity of the Android platform and the Apple iPhone and the implosion of BlackBerry often gobble up all the headlines, but riding those waves for half a decade now in Canada has been Wind Mobile.
The company celebrated its birthday Tuesday by using Twitter to give away 50 new Nexus phones – and by making its new CEO, Pietro Cordova (right), available to the media. He’s no Canadian neophyte, having worked here in the 1990s,…
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En 2007-2008, ils étaient nombreux dans l’industrie canadienne de la télévision à se demander qui était ce drôle de type qui achetait toutes les marques musicales.
À l’époque, tout le monde croyait que la musique était une industrie en déclin, complètement dépassée par la révolution numérique — un domaine dont les gens d’affaires sérieux devaient s’éloigner, et non pas investir. Ce n’était certainement pas un secteur où l’on planifiait construire une nouvelle entreprise d’envergure mondiale. Il ne manquait pas de sceptiques lorsqu’est arrivé sur la scène de la télévision canadienne Eric Boyko, être au verbe rapide et entrepreneur à l’énergie…
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BACK IN 2007-08 THERE were no shortage of people in the Canadian TV industry who’d whisper, “who’s the crazy guy buying up all the music brands?”
The prevailing wisdom then said music was a shrinking, sinking business, utterly upended by the digital revolution and one to be fled by serious businesspeople, not embraced. It was certainly not something upon which to build a brand new global enterprise. Oh, there were plenty of naysayers when Eric Boyko (pictured in his Montreal office), a speed talking ball of frenetic, entrepreneurial energy, entered the Canadian TV scene. (Pour la version française, s'il vous…
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TORONTO – Kids’ CBC wants to get Canadian children and their families moving with a new live-action interactive musical adventure series called The Moblees.
Designed for kids aged 3 – 5 years, the 30 x 11-minutes series integrates a holistic approach to healthy active living, including non-sedentary behaviours, physical activity and nutrition. The Moblees will begin on December 22 on CBC Monday to Friday at 8:00 AM (8:30 NT).
Each episode features a movement-centric, song-driven adventure that culminates in the awarding of a Moblee Medal, rewarding preschoolers’ newfound expertise in doing ordinary things in extraordinary ways with movement. The series stars five loveable characters who – along with do-ers at home – overcome obstacles through…
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TORONTO – Telus wants to help Canadian businesses accelerate their adoption of Internet of Things (IoT) technology with its new IoT Marketplace, billed as an online space offering IoT solutions from cutting-edge innovators and industry-leading technology companies.
The company said that the IoT Marketplace will simplify the complexity of IoT for businesses and allow them to quickly deploy a solution to help reduce costs and enhance their efficiency, productivity and profitability. For developers and IoT technology providers, the marketplace will provide an instant sales channel, with lead generation, the support of Telus' sales and marketing teams, and integrated billing.
"IoT technology has tremendous…
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SUN PEAKS, B.C. – Mascon Cable Systems has launched DOCSIS 3.0 in Sun Peaks, White Croft and Heffley Lake, the company announced last week.
Sun Peaks is the second largest ski area in British Columbia and is the third-largest in the country. The deployment of DOCSIS 3.0 (Data Over Cable Service Interface Specification), or D3 technology, represents a landmark shift in Internet speeds for both its residential and business customers, says the company.
Mascon’s first introduction of D3 was in 2013 with launches in Sicamous and Chase, B.C.
The company’s Sonic 100 Internet package will now allow…
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TORONTO – Asian Television Network International has launched three more channels nationwide on Shaw Direct.
General interest Hindi-language channels ATN-Sony and ATN-Aapka Colors plus Bollywood Movie channel ATN-B4U Movies are available immediately, and are on free preview through January 13, 2015.
"We are delighted to launch these three popular channels on Shaw Direct via DTH satellite across Canada", said ATN president and CEO Dr. Shan Chandrasekar, in the news release. "These channels will complement our compelling ATN flagship channel with star plus programming , which was the only South Asian channel available on Shaw Direct so far. The consumers can now…
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