Telecommunications Industry News
Shares in Telus Corp., Western Canada’s leading telecommunications operator, were trading 2.64% higher today, after the company reported higher profits and announced plans to increase its dividend by approximately 10% in each of the next two years. A jump in wireless data usage was largely responsible for a 19% increase in Telus’ profits, which came [...]
Shares in BlackBerry manufacturer, Research In Motion, surged more than 6% this morning on the Toronto Stock Exchange, as analysts increased their expectations for the companyâ€™s 'PlayBook' tablet device.
Satellite radio operators Sirius Canada and XM Canada, have reached a long-awaited merger deal, in a move that will ultimately make the full range of satellite radio content available to all Canadian subscribers.
As Apple Inc. strives to increase its share of the enterprise smartphone market, it is luring senior managers from the enterprise sales division of major rival and BlackBerry manufacturer, Research In Motion.
Montreal-based Yellow Pages Group announced today that it will consolidate a several recently-acquired brands into a single digital marketing subsidiary known as Mediative Performance.
Rogers Communications has reported a 3% increase in third-quarter revenue, but saw its quarterly earnings slip by 24% as new competition began to eat into the profit margins of its flagship wireless business.
Canada's cable leader, Rogers Communications, has agreed to pay $425 million for Atria Networks LP, an Ontario-based fiber-optic telecom operator.
Canadian wireless startup, Mobilicity, has recruited three new executives â€“ one from each of the country's three leading wireless carriers â€“ in preparation for its expansion into four new cities this fall.
Swedish wireless equipment maker, Ericsson, has tentatively agreed to purchase the multi-service switch (MSS) division of bankrupt networking giant, Nortel, in a cash deal worth $65 million.
Research In Motion has acquired the bulk of the assets of DataViz, maker of Documents To Go and other business productivity applications for mobile devices.
As BlackBerry sales slump and analysts raise questions about Research In Motion's future, the company is rumoured to be investigating a foray into the mobile advertising business.
Glentel Inc., a Burnaby, B.C.-based retailer of personal wireless products, has agreed to purchase an 82% stake in Diamond Wireless LLC, a retail affiliate of Verizon Wireless.
Published by TeleClick Enterprises
Edited by Jeremy Maddock