Rogers Communications Inc. Chief Executive Officer Nadir Mohamed plans to retire next January, a surprise move that sent Canada’s largest wireless carrier in search of a new leader for the second time in four years.
Quebecor Inc. agreed to pay C$1.5 billion ($1.5 billion) to Canada’s second-biggest pension fund manager to increase its control of media and wireless assets in French-speaking Quebec, where it competes with BCE Inc.
Telus Corp.’s purchase of mobile- phone provider Mobilicity and the potential sale of another new entrant, Wind Mobile, is casting doubt on Canada’s ability to increase competition in the wireless market.
Telus Corp., Canada’s third-largest wireless carrier, reported a bigger gain in third-quarter profit than analysts anticipated after adding more mobile subscribers than rivals BCE Inc. and Rogers Communications Inc.
Rogers Communications Inc. , Canada’s largest wireless carrier, reported first-quarter profit that beat analysts’ estimates as price cuts helped it add subscribers and fend off competition from new carriers.