Cable & Telecom

VimpelCom CEO mulls selling, swapping Wind for stake in “larger entity”

TORONTO – Wind Mobile’s “best quarter ever” was overshadowed by speculation that the wireless carrier could be sold or merged with another Canadian company.Jo Lunder, CEO of Wind’s Amsterdam-based financial backer VimpelCom, sparked the rumours Wednesday morning while on a call discussing the global telco’s first quarter financial results.  When asked about its Canadian operations, Lunder alluded to discussions with different players in this market to either sell Wind or combine it and take “a smaller position in a larger entity”. He added his plans would have been different had VimpelCom been able to take control of Wind Mobile.  (As Cartt.ca reported,...
 

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.