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. 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.
BCE Inc. , Canada’s largest telephone company, agreed to buy the shares of broadcaster CTV it doesn’t already own for C$1.3 billion ($1.26 billion) to increase its video offerings for digital TV and wireless subscribers.
Rogers Communications Inc., Canada’s largest wireless carrier, fell the most in 18 months after reporting first-quarter profit that missed analysts’ estimates, hurt by subsidies it offers on Apple Inc.’s iPhone.
Rogers Communications Inc. , Canada’s largest wireless carrier, said third-quarter profit declined 24 percent as it added fewer subscribers and spent more on current customers’ phone upgrades. The stock slumped.