Correspondent, Toronto, Canada
Alastair's Feed
Sep 19, 2013

No U.S. wireless carriers to bid for Canadian airwaves -analyst

TORONTO, Sept 19 (Reuters) – None of the four major U.S.
wireless operators applied to take part in a Canadian spectrum
auction before a deadline this week, a Scotia Capital telecom
analyst said, citing sources at Verizon Communications Inc
(VZ.N: Quote, Profile, Research), AT&T Inc (T.N: Quote, Profile, Research), Deutsche Telekom’s (DTEGn.DE: Quote, Profile, Research) T-Mobile
USA and Sprint (S.N: Quote, Profile, Research).

The companies decided not to enter Canada due to a likely
unattractive return on investment, regulatory risks on both
sides of the border, and a focus on the much larger U.S. market,
analyst Jeff Fan wrote in a note published late on Wednesday.

Sep 18, 2013
Sep 18, 2013

TSX falls ahead of Fed, gold miners lead decline

TORONTO, Sept 18 (Reuters) – Canada’s main stock index was
slightly lower on Wednesday, with investors unwilling to make
big bets ahead of a U.S. Federal Reserve announcement later in
the day on whether it will start scaling back its stimulus
program.

Gold miners were among the heaviest weights as the price of
gold fell, while major banks also fell. BlackBerry Ltd
jumped after launching a new smartphone, but later pared gains.

Sep 14, 2013
Sep 14, 2013
Sep 14, 2013
Sep 14, 2013
Sep 13, 2013
Sep 12, 2013
Sep 9, 2013

Fairfax, one other, approached investors on BlackBerry: source

TORONTO (Reuters) – BlackBerry’s biggest shareholder has approached several large Canadian investment funds about forging a deal to take the smartphone maker private, but the proposal is still “an airy-fairy, ‘what if’ kind of thing,” according to a source with direct knowledge of the situation.

The shareholder, Fairfax Financial Holdings Ltd, has a 10 percent stake, and its chairman and chief executive, Prem Watsa, has left BlackBerry’s board already to avoid any possible conflict of interest as the company assesses its strategic options.

    • 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."
      Hometown:
      Melbourne, Australia
      Joined Reuters:
      2007
      Languages:
      English, Arabic
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