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.
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
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.
Just got my hands on ’19 Naughty III’ again. First time was a cassette borrowed and copied in primary school and listened to furtively.
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.