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.
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.
Quebecor Inc., the best performing mobile-phone provider in Canada, is poised to be one of the biggest winners in a government auction of wireless airwaves now that Verizon Communications Inc. has said it doesn’t plan to expand north.
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., 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.