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December 13, 2012
10:07 EDTTU, SJR, BCE, RCICanadian Supreme Court rules against broadcasters in value-for-signal case
The Supreme Court of Canada overturned a decision that the Canadian Radio‑television and Telecommunications Commission is allowed to adopt a policy establishing a market‑based, value for signal regulatory regime. The policy would empower private local television stations, or broadcasters, to negotiate direct compensation for retransmission of signals by cable and satellite companies, or broadcasting distribution undertakings--BDUs, as well as right to prohibit BDUs from retransmitting those signals if negotiations unsuccessful. The decision is viewed as a loss for BCE Inc. (BCE) and a win for TELUS (TU), Rogers Communications (RCI) and Shaw Communications (SJR).
News For BCE;TU;RCI;SJR From The Last 14 Days
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December 12, 2014
16:51 EDTTUTELUS to purchase up to 1.2M common shares through private agreements
TELUS announced that it intends to purchase and cancel up to 1.2M of its common shares through private agreements with an arm's-length third-party seller. The private agreement purchases will be made according to an issuer bid exemption order issued by the Ontario Securities Commission on December 12 and must occur prior to December 31. The common shares purchased will be counted towards the 16M common shares that TELUS is entitled to purchase for cancellation over a 12-month period, commencing October 1, under its 2015 normal course issuer bid announced on September 29.
December 8, 2014
07:23 EDTRCIUBS to hold a conference
42nd Annual Global Media & Communications Conference is being held in New York on December 8-10 with webcasted company presentations to begin on December 8 at 8 am; not all presentations may be webcasted. Webcast Link
December 5, 2014
08:01 EDTSJRShaw Communications renews normal course issuer bid
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