TORONTO, Nov 26 (Reuters) – Rogers Communications Inc has signed a C$5.2 billion ($4.9 billion) deal to broadcast National Hockey League games in Canada for the next 12 years, elbowing out telecom rival BCE Inc for rights to the country’s most popular sport.
The landmark deal, announced on Tuesday, will give Rogers, Canada’s largest wireless phone company and a major cable television operator, national rights to NHL games. That includes playoffs games and the Stanley Cup finals, guaranteeing it a trove of popular content it can broadcast across all its platforms.
TORONTO (Reuters) – Rogers Communications Inc, one of Canada’s biggest cable companies, said on Monday the entire industry must be willing to offer viewers more choice when selling television packages even if that means some channels ultimately fail.
The Toronto-based company, whose television service is centered in Ontario but also serves the Atlantic provinces, said it believes most Canadians want bulk packages but those that don’t have a hearty TV appetite shouldn’t have to upsize their order.
TORONTO, Nov 14 (Reuters) – CGI Group Inc, the
main contractor for the flawed website of President Barack
Obama’s healthcare program, said its pipeline of orders was
strong despite the negative publicity from the project.
Shares in the Canadian software company jumped 7 percent
after CGI posted a better-than-expected adjusted quarterly
profit on Thursday.
TORONTO, Nov 8 (Reuters) – The Canadian dollar touched a
two-month low against its U.S. counterpart on Friday after data
showed robust U.S. jobs growth in October despite a government
The U.S. report fanned expectations the Federal Reserve
could move sooner to scale back its monetary stimulus.
TORONTO (Reuters) – Telus Corp (T.TO: Quote, Profile, Research, Stock Buzz), one of Canada’s biggest telecom companies, posted a 10 percent rise in third-quarter profit on Friday, helped by strong growth in its wireless unit as well as steady customer additions for television and Internet service.
Its shares gained more than 2 percent, hitting a five-month high, as the company upped its dividend payout and said it was investing aggressively in building out its networks in order to maintain its growth profile over the longer term.