Providence Equity Partners Inc., an American private equity firm, is interested in a stake in Wind Mobile, according to a Tuesday report from Bloomberg based on unnamed sources.
Providence was involved in the bidding for ownership of BCE Inc. in 2007 and has investments in several telecom-related businesses including data centre operator Q9 Networks.
Rogers Communications Inc. has cut "several hundred middle management positions" and reduced the number of people working at the level of vice-president and above by 15 per cent, a company spokeswoman said Tuesday.
Patricia Trott said in an email the reductions represent a restructuring of the company related to its plan, announced in May, to overhaul the company's operations to improve customer loyalty.
Microsoft Corp. said Thursday it is cutting 18,000 jobs, most of them related to integrating the cellphone division of Nokia Corp., the acquisition of which closed in April.
In a letter to employees, posted on Microsoft's website, CEO Satya Nadella said the job cuts will be implemented over the next year, and 12,500 of them will be related to creating "synergies and strategic alignment" with the acquired Nokia division.
BCE Inc. has asked that some of its responses to questions about business arrangements with other carriers be kept confidential as part of the CRTC's review of the wholesale wireless market.
The CRTC sent out a letter Monday to various parties with an interest in the review, informing them that Bell gave notice that such a request was coming on July 7, the date for which responses were due.
Verizon Communications Inc. has let its entry on Canada's federal lobbyists' registry expire.
The registration for Verizon, represented by Ottawa lobbyist Peter Burn of Dentons Canada LLP, opened Oct. 22 last year and expired on April 16 this year, according to information on the registry.