Rogers Wireless Makes Bid for Upstart Canadian Rival
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Rogers Wireless Communications positioned itself to become Canada's largest wireless service provider with a bid for the feisty market upstart, Microcell Telecommunications.
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TORONTO (CP) - Rogers Communications Inc. is proposing a share exchange to take back the 11 per cent of Rogers Wireless that it does not already own.
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Time Warner Inc.&#39;s cable-television unit is in talks to offer wireless service with Sprint Corp. to fend off competition from satellite-TV and telephone companies that sell package deals.
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Alltel Corp., the nation's sixth-largest wireless carrier, is in advanced negotiations about buying Western Wireless Corp., a Northwest regional carrier which operates mainly under the Cellular One brand, for roughly &#36;4 billion, according to a published report.
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Telus, the Western Canadian telephone company, unexpectedly withdrew its bid for its larger rival, Bell Canada.
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Canada's largest cable company, Rogers Communications Inc., said Monday it will pay &#36;1.33 billion for the 34 percent stake in Rogers Wireless Communications Inc. owned by longtime American partner AT&amp;T Wireless Services Inc.
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Canadian telecommunications provider Rogers Communications Inc. reported that its wireless subsidiary Rogers Wireless Communications Inc.
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Verizon Wireless and T-Mobile are  expected to be the most aggressive bidders for U.S. wireless  airwaves in a January auction that analysts say could give them  added resources to expand and improve service.
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A venture led by the Microsoft co-founder has applied to bid in an upcoming U.S. auction of wireless airwaves, along with Google, AT&T, Verizon Wireless, and Qualcomm.
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The Toronto Blue Jays baseball team  will buy their home stadium, the SkyDome, from closely held  Sportsco International for C$25 million ($21 million), team  owner Rogers Communications Inc. said on Monday.
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The Swiss mining company Xstrata began a hostile $5.8 billion bid for the Australian mining company WMC Resources yesterday, in what analysts said could turn into an international bidding war
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The company signs on an Indian cellular provider, looking to capitalize on the country's fast-growing wireless market.
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The controversial plan to create a  Canadian telecom "champion" by merging Telus Corp.  with  market leader BCE Inc.  would not choke competition and  require a sale of either company's lucrative wireless network,  Telus's chief executive said on Thursday.
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AT&amp;T and Verizon Wireless want to go up against other current mobile operators and some possible future competitors, including Google, in next month&#39;s&#160;auction for 700MHz wireless spectrum&#160;around the U.S.
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Rogers Communications Inc. said Monday it had reached a tentative deal to buy AT&amp;T Wireless Services Inc.&#39;s 34 percent stake in Rogers Wireless Communications in a deal worth C$1.
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Bidding hit $6.1 billion in the federal governmentâs auction of wireless spectrum. Two bidders appear to be bidding for the most valuable national license.
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Alcan Inc. has begun negotiating toward a merger agreement with Rio Tinto PLC to fend off a hostile bid from U.S. rival Alcoa Inc., Canada's the Globe and Mail newspaper reported on its Web site.