TORONTO, April 25 (Reuters) – If Telus Corp hopes to
press its advantage in an upcoming auction of wireless airwaves,
the Canadian telecom may need to abandon its plan to snatch a
floundering rival out of creditor protection and back away from
a nasty fight with the government.
Canada’s Conservative government has aggressively opposed
the carrier’s expansion plans, which Ottawa sees as a challenge
to its policy of encouraging more competition in an industry
dominated for years by Telus and its two main rivals, BCE Inc
and Rogers Communications Inc.
TORONTO, April 21 (Reuters) – Canadian cable,
telecommunications and media company Rogers Communications Inc
reported a 13 percent drop in first-quarter profit on
Monday, as a move to more customer-friendly pricing led to a
slip in earnings at its major wireless phone arm.
The price changes didn’t help bring in new business,
however, with Rogers adding only 2,000 net postpaid wireless
subscribers in the quarter, a sharp miss on analysts’ forecasts
even amid external warnings that tough winter conditions may
have kept potential customers out of retail stores.