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Telecom News

BCE raises $750M in rare share sale
Another big Canadian company has surprised investors with a rare share sale after BCE Inc. raised $750-million in a snap financing.
Posted on 11-23-2015 at 7:20 PM
MTS strikes deal to sell Allstream to U.S. group for $465-million
After a multi-year journey, Manitoba Telecom Services Inc. has struck a deal to sell its Allstream unit to U.S.-based Zayo Group Holdings Inc. for $465-million in cash consideration.
Posted on 11-23-2015 at 7:14 AM
Corporate Canada ramps up campaign to drive down costs
A soft Canadian economy that’s facing uncertain prospects has corporate Canada putting costs, and in some cases jobs, on the chopping block.
Posted on 11-05-2015 at 12:17 PM
BCE earnings exceed estimates on wireless-subscriber gains
BCE Inc., Canada’s largest telecommunications company, reported third-quarter earnings that topped analysts’ estimates as it attracted new wireless subscribers.
Posted on 11-05-2015 at 7:48 AM
Telus to cut work force by 1,500 jobs in bid to reduce costs
The Vancouver-based company provided few details about the downsizing except that many of the cuts include voluntary departures and early retirements.
Posted on 11-05-2015 at 7:34 AM

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