Telecom
TAGGED AS QUARTERLY REPORTS
Stingray reports revenue growth in Q3 results
Stingray Group Inc. saw an increase in growth and revenue as it issued its third quarter results on Wednesday. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news you need. Take a free trial or subscribe to The …
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Rogers announces Q4 results and completion of network slicing trial
Rogers Communications Inc., in partnership with Ericsson AB, announced it has successfully tested 5G network slicing technology, marking the first nationwide live test. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news you need. Take a free trial …
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Numbers down as Corus Entertainment release Q1 figures
The lingering effects of the pandemic and the labour disputes in Hollywood combined to depress the figures as Corus Entertainment Inc. issued its results for the first quarter of 2023-24. Consolidated revenue was down by 14 per cent for the period ending Nov. 30, 2023 while consolidated segment profit declined by eight per cent. This …
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Revenue and profit down for Cogeco Q1 as guidance continues
Revenue and profits declined at Cogeco Inc. as the Quebec firm released its first quarter results on Thursday. The company said its guidance issued last November would remain in place. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media …
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Stringray almost double profit in Q2 compared to year prior
Stingray Group Inc. reported a 6.3 per cent increase in revenue during its Q2 2024 to $82.5 million from $77.6 million in Q2 2023 and a 181.9 per cent increase in profit from Q2 2023 for a total of $9.4 million from $3.3 million. This content is available to wirereport.ca subscribers Already a subscriber? Sign …
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Telus posts record net customer growth, 75% decline in profits
Telus Corp. reported a 75 per cent drop in profits for the three months ended Sept. 30 while also recording a record-breaking net customer additions. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news you need. Take a …
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Bell fibre build progress threatened by regulatory uncertainty: Bibic
In a Thursday quarterly earnings conference call, BCE Inc.‘s president and CEO, Mirko Bibic, shared his enthusiasm for the company’s performance in the third quarter while also expressing concern about the potential impact of unfavorable regulatory decisions on its investment plans. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN …
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Fiscal 2024 off to a strong start: Stingray
Stingray Group Inc. reported revenue and subscriber growth for the first quarter of the 2024 fiscal year on Tuesday, adding that early revenue growth in Q2 has already picked up. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media …
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Telus announces 6,000 layoffs and 61% net income decline for Q2
Telus Corp. is cutting 6,000 jobs, the company announced Friday. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news you need. Take a free trial or subscribe to The Wire Report now. FREE TRIAL Two weeks free access …
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Rogers reviewing CRTC decision to choose Quebecor MVNO rates
Rogers Communications Inc. will be reviewing the impact of the CRTC’s decision to choose Quebecor Inc.’s offer for a mobile virtual network operator (MVNO) access agreement, and may even go so far as to appeal the decision, according to its CEO Tony Staffieri. This content is available to wirereport.ca subscribers Already a subscriber? Sign in …
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MVNO talks still ongoing for Cogeco’s Jetté
Talks between Cogeco Communications Inc. and incumbents for access to MVNO services are still ongoing, according to CEO Philippe Jetté. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news you need. Take a free trial or subscribe to …
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Stingray reports revenue and subscriber growth in Q4
Revenues and subscriber growth featured prominently in Stingray Group Inc.’s quarterly report Wednesday. The Montreal-based broadcaster issued numbers for the fourth quarter, ended March 31, and for the year as a whole. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and …
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Rogers reports strong first quarter of 2023
Rogers Communications Inc. released its first quarterly report since it was granted approval to take over Shaw Communications Inc. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news you need. Take a free trial or subscribe to The …
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Cogeco releases Q2 numbers, plans to enter MVNO market
Cogeco Communications Inc. plans to aggressively enter the mobile virtual network operator (MVNO) sphere now that the situation in the marketplace has stabilized. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news you need. Take a free trial …
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Corus again blames ‘recession’ for revenue drop; looks ahead to C-11
Fiscal 2023 will be an “especially challenging” year for Corus Entertainment Inc., according to the company’s CEO, because of the “double whammy” of an advertising recession and an “unexpected” CRTC decision requiring the company to pay its deferred Canadian content obligations. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN …
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Bell and Telus being “difficult” in MVNO negotiation: PKP
Quebecor Inc.’s efforts to reach all wholesale and MVNO access agreements with BCE Inc. and Telus Corp. has proved to be difficult according to the company’s president and CEO. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news …
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Rogers will be able to compete in a four-player market: Staffieri to investors
Rogers Communications Inc. will not need more financing from the capital markets in order to close its deal to acquire Shaw Communications Inc., according to Rogers’ chief financial officer Glenn Brandt. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital …
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July outage, Shaw financing costs, to blame for Rogers profit drop
Rogers Communications Inc.’s profit fell 24 per cent for the three months ending Sept. 30, compared to last year, with customer credits and the Shaw Communications Inc. transaction to blame for the shortfall. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting …
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Telus posts 10 per cent revenue increase in Q3
Telus Corp. reported a 9.9 per cent increase in its overall revenues for the three months that ended on Sep. 30, jumping to $4.67 billion from $4.25 billion this time last year, while the companies profit for the quarter was up 53.9 per cent to $551 million from $358 million over the same comparison. This …
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Bell mopped up customers switching from Rogers in Q3
BCE Inc. reported what it said were record subscriber additions in the third quarter of 2022, according to executives speaking to analysts on an earnings call Thursday morning. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news you …
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VMedia purchase will sweeten Freedom deal for regulators: Quebecor’s PKP
Quebecor Inc.’s president and CEO has said the company’s recent purchase of VMedia Inc. will put it in a position to bundle services and convince the regulators that its purchase of Shaw Communications Inc.’s Freedom mobile will be good for competition. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN …
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Rogers profit soars based off roaming and subscriber adds in second quarter
Rogers Communications Inc. reported a soaring profit margin for the company’s second quarter, surprising analysts just weeks after a national outage put its networks and reliability in the national spotlight. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media …
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Quebecor targeting both MVNOs and Shaw assets for wireless roll out
Quebecor Inc. CEO Pierre Karl Péladeau said that while his company is waiting on the CRTC to “hurry up” and finish determining the framework for mobile virtual network operator agreements, he is not giving up on the idea of purchasing Shaw Communications Inc.‘s wireless assets should they come up for sale. This content is available …
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Telus revenue, subs up; continued concerns about roaming
Roaming revenue remains among the biggest headwinds for Telus Corp.’s year ahead, even though an increase in roaming revenue (resulting from the loosening of pandemic travel restrictions) led to its $27 million year-over-year increase, and its chief financial officer saying the company anticipates a continued recovery in the metric throughout 2022. This content is available …
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Telus winding down copper network as it releases Q3 results
Telus Corp. expects to have its legacy copper network out of commission within the next year to 18 months. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and digital media news you need. Take a free trial or subscribe to The …
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Bell posts quarterly profits driven by wireless growth
Bell reported a slight increase in overall revenue of $49 million or 0.8 per cent, up to $5.84 billion versus $5.79 billion for this time last year. The company attributed the results to “greater media advertising and subscriber revenues, and ongoing growth in mobile phones, retail internet and internet protocol TV (IPTV) subscriber bases coupled …
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Shaw closes out fiscal year with increase in revenue, wireless subs.
Shaw’s overall revenue increased 2.1 per cent in the fourth quarter, up to $1.38 billion from 1.35 billion a year ago, while its profit rose by 44 per cent, up to $252 million from $175 million this time last year. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot …
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3500 auction should result in “careful consideration” by gov: Bell’s Bibic
For BCE Inc. CEO Mirko Bibic, the high cost of the 3,500 MHz spectrum auction should result in the federal government making “careful consideration” in its assessment of wireless pricing going forward. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, broadcasting and …
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MVNO decision consistent with traditional facilities-based policy: Bell’s Bibic
BCE Inc. CEO Mirko Bibic told shareholders Thursday that it is “too soon” to properly assess the impact of the CRTC’s decision to mandate access to incumbent networks like Bell’s for a limited number of spectrum-holding mobile network operators. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? …
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