Canada’s recently-completed CAD2.11 billion ($1.7 billion) spectrum auction will “lead to more choice, lower prices, and better services for consumers”, after new players emerged as the winning bidders on most of the frequencies, according to government body Industry Canada. The …
Trade finance agency Export Development Canada (EDC) announced a $850 million commercial financing deal with Vodafone Group that will “generate important connections and new business for many Canadian companies” – with BlackBerry set to be the main benefactor. According to …
Canadian number-four operator Wind Mobile announced that its services now reach 97 per cent of the country’s population owing to a roaming partnership with one of the ‘big three’ operators. Although the roaming partner wasn’t named by Wind, Reuters suggested …
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The parent company to Canadian telco Bell Wireless, BCE Inc, has confirmed its intentions to acquire Glentel, a wireless and mobile product distributor and retailer. The agreement will see BCE acquire all of the issued and outstanding shares of the mobile retailer, in a deal worth approximately $670million.
Canadian mobile operator, Rogers Communications, has announced the launch of its nationwide LTE-Advanced services. The operator has stated the service, which launched over the weekend, will roll out across 12 cities and claims its customers will be the first in Canada to benefit from LTE-A.
Amsterdam-based carrier group VimpelCom and its investment vehicle Global Telecom Holding said Tuesday they have agreed to exit the Canadian market. The companies will offload their stake in Wind Canada to the controlling shareholder of the operator for C$135m.
Canadian operator Rogers Communications has seen its profit fall year on year in the first quarter of 2014. While operating revenues remained stable; C$3.02bn (US$2.74bn) in 1Q14 compared with $3.03bn in the year ago quarter, adjusted net income for the quarter fell by 18 per cent to reach C$340m down from C$414m.
Canadian operator Telus has appointed chief commercial officer Joe Natale as president and CEO. Natale has been at the operator since 2003, joining as an executive vice president and has since held roles including president of Telus Business Solutions and president of Telus Consumer Solutions. He has been CCO since 2010.
Big spending Canadian operator Rogers Communications has dropped C$3.29bn (US$2.98bn) on two 12MHz blocks of paired lower 700MHz band spectrum licences in the nation’s latest spectrum auction. Rival Telus also splashed its cash, shelling out C$1.14bn on spectrum licences equating to a national average of 16.6MHz in the band. The Canadian government raised a sizeable total of C$5.27bn during the auction and the licences issued will remain valid for 20 years.