CALGARY – Shaw Communications announced Thursday its consolidated revenue increased by 1.8% to $1.39 billion in the second quarter ended February 28, 2021, as compared to the prior year’s Q2.
Its adjusted EBITDA increased 6.2% year-over-year to $637 million and net income increased 29.9% to $217 million. Second quarter results do not include any costs or financial impacts from the proposed transaction with Rogers, says the press release.
The company did not hold a conference call with financial analysts and the messaging in its press release was heavy on the merger.
“Our country has been a leader in building and operating…
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GATINEAU — Cartt.ca readers will be glad to know the CRTC’s new wireless policies will finally be released this week, with mandated mobile virtual network operators (will they or won’t they?) undoubtedly the biggest item of interest among telecom providers, big and small.
A Commission spokesperson confirmed the policy decision will be issued at 4 p.m. ET on Thursday, April 15 (i.e., after the stock market closes).
It’s been a long wait, seeing as the Commission first announced the wireless policy review proceeding back in February 2019, held a public hearing in February 2020 and final submissions were in July…
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CALGARY — Rogers for Business announced today it is expanding its fibre-optic network to deepen high-speed connectivity to small and medium-sized businesses, enterprises and public sector customers located in Calgary.
This includes enabling the University of Calgary’s 5G campus, which will support Internet of Things (IoT) research and applications in the areas of energy, smart cities, transportation, and workplace safety, says Rogers’s press release.
Construction of the network, which began last year, is complete for all of downtown Calgary and is now expanding further. Rogers for Business customers will have access to a full range of Internet and fibre packages,…
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By Steve Faguy
IN CANADIAN BROADCASTING’S regulatory system, the industry is represented by two separate yet equally important groups: the broadcasters who always want less regulation, and the interest and artist groups who always want more. These are their demands.
Canadian content
In its commercial radio policy, which the CRTC is reviewing, and what much of this series has been about, the most famous content quota requires 35% of popular music broadcast on Canadian radio stations be Canadian.
Unsurprisingly, major broadcasters want a lower quota. They have taken aim at this particular bullseye before. The Canadian Association of Broadcasters proposes 25%. For…
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Uvagut TV restricted from rebroadcasting Baffinland mine hearing sessions
IGLOOLIK, Nunavut — Uvagut TV, Canada’s first all-Inuit-language TV channel, has been ordered by the Nunavut Impact Review Board (NIRB) not to rebroadcast a public hearing on Baffinland Iron Mine’s Mary River Phase 2 development proposal, according to a letter shared today with Cartt.ca by Nunavut Independent Television Network (NITV), one of the channel’s backers.
Uvagut TV launched January 18 and two days later announced it would broadcast live coverage of the Baffinland mine hearing.
From January 25 to February 6, Uvagut TV broadcast the NIRB’s environmental hearing live from Pond…
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QUEBEC CITY – A $19.8-million joint investment from the federal and provincial government as part of Canada-Quebec Operation High Speed will help deliver broadband to more than 1,600 households in the Mauricie region.
The residents there will have access to Cogeco high-speed Internet services by September 2022.
The investments announced will accelerate the deployment of reliable, high-performing infrastructure in the following municipalities:
Des Chenaux RCM: Batiscan, Champlain, Notre-Dame-du-Mont-Carmel, Sainte-Geneviève-de-Batiscan, Saint-Luc-de-Vincennes, Saint-Maurice, Saint-Narcisse, Saint-Prosper-de-Champlain, Saint-Stanislas.
Maskinongé RCM: Saint-Boniface, Yamachiche
Mékinac RCM: Grandes-Piles, Hérouxville, Lac-aux-Sables, Lac-Normand, Saint-Adelphe, Sainte-Thècle, Saint-Roch-de-Mékinac, Saint-Tite, Saint-Séverin, Trois-Rives
Shawinigan Territory: Shawinigan
“Over the next few months, Cogeco will take an…
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CNOC says the company didn’t remove older modems from compatibility list
By Ahmad Hathout
GATINEAU – Rogers Communications is suggesting an application to allow third party internet access (TPIA) providers who lease access to its networks to sign-up new subscribers on legacy DOCSIS 3.0 modems past June this year would delay its upgrade plans and cost it millions of dollars.
The cable giant said it gave members of the Competitive Network Operators of Canada (CNOC) a full year to adopt the newer DOCSIS 3.1 modems, which it said will allow it to introduce greater network capacity, faster upload and download speeds, and…
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By Greg O’Brien
OTTAWA – While one question was answered Wednesday, a few others have arisen surrounding the June 2021 auction of 3500 MHz wireless spectrum.
There was much speculation whether Shaw would take part in the auction, now that Rogers is buying the company, and on the list of qualified bidders released by Industry, Science and Economic Development Wednesday, Shaw is absent, so it’s officially out. As we reported, it probably would have been disqualified from bidding on set aside spectrum anyway, if it had taken part.
“This confirms Shaw is all in on the proposed deal with Rogers…
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By Denis Carmel
OTTAWA – When the members of the Committee on Industry, Science and Technology (INDU) began talking about studying the proposed acquisition of Shaw by Rogers, one member suggested that they should not bother inviting the Minister of Innovation, Science and Economic Development since he would not be able to say anything but instead then invite the chairman of the CRTC, the commissioner of competition and top representatives from the Department of Industry.
They all were the witnesses on Wednesday, April 7 and… they could not share anything useful because they are prohibited from prejudging the issue.
The Minister, François-Philippe…
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By Ahmad Hathout
OTTAWA – Between losing a fourth wireless player in a merger and difficulty negotiating with big telecoms on leasing wireless network capacity, smaller carriers and their representatives told members of the industry committee Tuesday that the one-two punch of divesting Freedom Mobile in a Rogers-Shaw combination and mandating wireless negotiations with service-based operators could spell the last vestige of hope for a competitive telecom environment.
Appearing before the committee studying the Rogers-Shaw merger proposal, Matt Stein, who is head of the Competitive Network Operators of Canada, an industry group representing smaller internet service providers (as well as president…
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