Correspondent, Toronto, Canada
Alastair's Feed
Jul 30, 2014
Jul 29, 2014
Jul 25, 2014

Dell, BlackBerry downplay threat from Apple-IBM alliance

TORONTO, July 25 (Reuters) – IBM Corp’s recent move
to partner with Apple Inc to sell iPhones and iPads
loaded with corporate applications has excited investors in both
companies, but two rivals say they are unperturbed for now.

Top executives at Dell and BlackBerry Ltd scoffed at
the threat posed by the alliance this week, arguing the tie-up
is unlikely to derail the efforts of their own companies to
re-invent themselves.

Jul 24, 2014
Jul 24, 2014

Rogers Communications profit falls as wireless growth slows

TORONTO, July 24 (Reuters) – Rogers Communications Inc
posted a 24 percent decline in second-quarter net
income on Thursday, as it added fewer-than-expected wireless
phone customers.

The Toronto-based company said net income dropped to C$405
million ($377.76 million), or 79 Canadian cents a share, from
C$532 million, or C$1.03 a share, a year ago. Revenue was
stagnant at C$3.21 billion, despite several data center and
cable network acquisitions in the last year.

Jul 23, 2014

Canada’s BCE to take Bell Aliant private in $3.7 billion deal

TORONTO (Reuters) – Canada’s largest telecom company, BCE Inc, said on Wednesday it will pay C$3.95 billion ($3.68 billion) to take regional telecom Bell Aliant BA.TO private, buying the 56 percent stake it does not already own to cut expenses and bolster its offerings in Atlantic Canada.

Toronto-based BCE said the deal will result in C$100 million in annual cost savings, partly due to the elimination of duplicate public company costs.

Jul 22, 2014
Jul 22, 2014

Canada launches plan to improve Internet in remote areas

TORONTO, July 22 (Reuters) – The Canadian government on
Tuesday invited remote communities across the country that don’t
have high-speed Internet access to make a claim on some of the
C$305 million ($284 million) it plans to spend over the next
three years to upgrade access.

But consumer group OpenMedia.ca was skeptical of the move,
skewering both the Conservative government and Canada’s telecom
companies for failing to finish earlier projects on time or to
the scale required.

Jul 22, 2014
Jul 22, 2014
    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Joined Reuters:
      2007
      Languages:
      English, Arabic
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