December 16, 2015: Earlier this evening, Shaw Communications, Inc. announced that it has agreed to purchase WIND Mobile Corp. for an enterprise value of approximately $1.6 billion. Wind operates in urban areas in Ontario, British Columbia and Alberta. They have 940,000 subscribers. Wind’s chief executive officer, Alek Krstajic will continue to run the wireless business, […]

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Last week, Ciena, the optical transport equipment vendor, announced unaudited financial results for its fiscal fourth quarter and year ended October 31, 2015. For the fiscal fourth quarter 2015, Ciena reported revenue of $692.0 million as compared to $591.0 million for the fiscal fourth quarter 2014. For fiscal year 2015, Ciena reported revenue of $2.4 billion, […]

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Manitoba Telecom Services Inc., including its two primary operating subsidiaries, MTS and Allstream Inc., announced it has signed a binding agreement to sell Allstream to Zayo Group Holdings Inc., a leading provider of communication infrastructure in an all cash transaction for $465 million. “This transaction is the outcome of a comprehensive process which left no […]

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