Nokia shares surge on preliminary Q4 results
Nokia (NYSE:NOK) shares surged Thursday after the company said its Lumia Windows 8 phone launch helped the smartphone maker in the latest period, with its mobile phone business expected to exceed...
View ArticleRogers to buy cable business, wireless spectrum from Shaw for $700 mln
Rogers Communications (TSE:RCI.A) and Shaw Communications (TSE:SJR.B) Tuesday inked a deal that will see Rogers buy a local cable business and some wireless services spectrum from Shaw for about $700...
View ArticleAT&T buys rural area spectrum for $780 mln
AT&T (NYSE:T) said it would buy Atlantic Tele-Network's (NASDAQ:ATNI) U.S. retail wireless operations, operated under the Alltel name, for $780 million in cash. The deal includes licenses,...
View ArticleVerizon Q4 loss widens on pension charges, Hurricane Sandy
Verizon Communications (NYSE:VZ) reported a wider loss in its fourth quarter on pension and restructuring charges as well as the impact of Hurricane Sandy, but revenues rose as the company added 2.2...
View ArticleNokia shares tumble as sales miss views, suspends dividend
Nokia (NYSE:NOK) shares were down almost 8% in early deals in the U.S., after the handset maker said this morning it swung to a profit in the fourth quarter, coming in ahead of market views, but the...
View ArticleSprint Nextel posts Q4 loss, subscriptions fall on Nextel shutdown
Sprint Nextel (NYSE:S) Thursday posted a fourth-quarter loss on the shutdown of its Nextel platform and the impact of Hurricane Sandy, but results still came in ahead of analyst estimates. Shares moved...
View ArticleBCE Q4 profit rises as customers switch to smartphones, boosts dividend
Canadian telecoms giant BCE (TSE:BCE) Thursday posted fourth-quarter earnings that rose on “strong contributions” from its Bell Wireless and Bell Media units, and raised its dividend.
View ArticleRogers ups dividend as Q4 adjusted profit rises, CEO announces retirement
Canadian telecoms giant Rogers Communications (TSE:RCI.B) posted fourth quarter results that topped views on strong growth in its wireless unit, and announced that president and CEO, Nadir Mohamed,...
View ArticleNokia falls on Goldman’s target-price cut
Nokia Corp. (NYSE:NOK) weakened as much as 2 percent to $3.62 in New York on Monday after the Finnish mobile-phone maker had its stock’s 12-month price target cut by Goldman Sachs. Goldman’s 12-month...
View ArticleCogeco Cable Q2 profit helped by acquisitions, raises FY sales outlook
Cogeco Cable Inc. (TSE:CCA) said its second-quarter results “bode well” for its full-year 2013 projections, as both profit and revenues were helped by the acquisitions of Atlantic Broadband (ABB) and...
View ArticleVerizon's first-quarter net climbs as wireless subscribers increase
Verizon Communications (NYSE:VZ), the second-largest U.S. phone company, posted stronger-than-expected profit in the first quarter after luring more wireless subscribers. Net income for the quarter...
View ArticleNokia tanks after Q1 sales disappoint
Shares of Nokia Corp. (NYSE:NOK) fell more than 11 per cent on Thursday after the Finnish handset maker reported group sales fell 20 per cent year over year, citing an over 30 per cent decline in...
View ArticleRogers Communications Q1 profit tops views as revenue rises 3%
Rogers Communications (TSE:RCI.B) reported late Monday an adjusted first quarter profit that beat Wall Street views as wireless data revenue grew 22 per cent. The Toronto-based telecommunications and...
View ArticleSprint Nextel shares edge up on narrower quarterly loss
Sprint Nextel Corp. (NYSE:S), the third-largest U.S. wireless carrier, reported a narrower-than-expected first-quarter loss, even as it suffered weaker-than-expected customer losses. Net loss for the...
View ArticleBCE posts higher Q1 profit on wireless, media growth
BCE (TSE:BCE), Canada's biggest telecom provider, reported higher first-quarter profit that beat analysts' expectations as its wireless and media divisions grew. Net income in the first quarter rose...
View ArticleNokia's new Lumia handset disappoints
Nokia's (NYSE: NOK) new handset failed to impress investors, who sent the stock tumbling more than five per cent. The Windows phone, called the Lumia 925, is the latest in the namesake series. It has...
View ArticleManitoba Telecom unloads Allstream unit
Manitoba Telecom (TSE:MBT) has struck a deal to unload its business communications unit, Allstream, to a company backed by an Egyptian billionaire who's made a previous foray into the Canadian...
View ArticleRogers cancels Toronto channel, builds LTE network in Quebec
Rogers Communications (TSE: RCI.B) (NYSE: RCI) is taking steps to widen its wireless reach while it pulls back from media investments. This afternoon, Rogers pulled the plug on its 24-hour local news...
View ArticleEXFO preliminary Q3 results miss guidance; shares tumble
EXFO (TSE:EXF) (NASDAQ:EXFO) announced Tuesday a set of preliminary figures for the company’s most recent fiscal quarter that missed its own previously published guidance, citing lower than expected...
View ArticleSprint approves new offer from Softbank
Sprint Nextel (NYSE: S) has agreed to a higher bid from SoftBank as it fends off advances from Dish Network (NASDAQ: DISH). Sprint's board of directors is recommending shareholders accept the offer...
View Article
