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 and CALGARY — Rogers Communications, Shaw Communications and the Shaw Family Living Trust today announced they have extended the outside date of the proposed $26-billion merger of Rogers and Shaw to Dec. 31, 2022.
The outside date for closing the merger has already been extended twice before by the companies from the original date of March 15, 2022. The closing extension comes as the most recently announced outside date of July 31, 2022 was fast approaching.
The new outside date “may be further extended to January 31, 2023 at the option of Rogers or Shaw, provided Rogers has committed financing…
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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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CALGARY — Shaw Communications announced today the six Calgary-based artists who will create murals celebrating Pride for the Shaw Pride Marches On art walk initiative that will be on display in Central Memorial Park in Calgary’s Beltline starting next month.
Kicking off Friday, Aug. 12, Shaw Pride Marches On “provides a platform to tell 2SLGBTQIA+ stories, celebrate the community, and underscores the importance of human connection and resilience,” reads a press release, noting the initiative is now in its third year.
“The art walk will feature mural concepts chosen by a group of leaders from Calgary’s arts community based on their…
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OTTAWA – The Competition Bureau is seeking to have the Competition Tribunal add more time to the pre-hearing process and hearing on the merger of Rogers Communications and Shaw Communications due to Quebecor subsidiary Videotron’s request to participate in it.
The Commissioner of Competition filed a motion today seeking the changes, which would see oral examinations for discovery start on Sept. 19, 2022, instead of Aug. 15, 2022, as currently scheduled.
The commissioner, Matthew Boswell, is further requesting the tribunal include an additional week for oral examinations and another additional week for the hearing. He is requesting the tribunal modify other…
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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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SAN FRANCISCO — Tubi, Fox Entertainment’s free ad-supported streaming service, announced today it is now available to Shaw TV subscribers in western Canada via their set top box.
Starting today, Shaw TV customers “have instant access to live and on-demand content, which includes Tubi’s comprehensive library of award-winning movies and hit television shows alongside Tubi Originals,” a press release says.
Tubi’s original programming currently available includes: Corrective Measures, starring Bruce Willis and Michael Rooker; Titanic 666, starring AnnaLynne McCord and Keesha Sharp; and the recently launched documentary Sins of the Father: The Green River Killer.
“As a result of this partnership, Shaw…
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