Radio & Television

Seismic shift at AldeaVision

MONTREAL – Broadcast services network provider AldeaVision, Montreal, announced an infusion of capital, a corporate re-organization and a new line of business. The company has entered into an agreement with VGS Capital Ltd., an Alberta based corporation, to recapitalize and reorganize the company's business. The agreement will provide AldeaVision with a capital injection of $2.97 million, before transaction expenses. Completion of the transaction is expected to occur in September 2006. "This is a very positive development for our company. This transaction will greatly enhance AldeaVision's financial position as we continue the development of our strategic business plan." said Lionel Bentolila,...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.