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Canada Stocks-TSX rebounds as natural resources make gains

2013-08-16 01:09:43| Telecom - Topix.net

Advances in the telecommunications sector also provided support after a report that U.S. giant Verizon Communications Inc might delay its entry to Canada.

Tags: make resources canada natural

 

TORQ Transloading to build Kerrobert rail terminal in Canada

2013-08-16 01:00:00| Railway Technology

Canada-based midstream oilfield service provider TORQ Transloading is planning to build a $100m crude-by-rail terminal near the town of Kerrobert, Saskatchewan, Canada.

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Canada Stocks-TSX rebounds as natural resources make gains

2013-08-16 00:29:34| IT Services - Topix.net

Advances in the telecommunications sector also provided support after a report that U.S. giant Verizon Communications Inc might delay its entry to Canada.

Tags: make resources canada natural

 

Triumph Group to acquire all shares of General Donlee Canada

2013-08-15 21:11:57| Industrial Machines - Topix.net

General Donlee Canada Inc. says it has agreed to sell all of its issued and outstanding common shares to American company Triumph Group, Inc. General Donlee says its shareholders will receive $5.50 per common share in cash, representing a premium of 24 per cent to the 20-day volume weighted average price as of Aug. 14. The transaction is worth ... (more)

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Verizon delays Canada mobile bid - report

2013-08-15 19:36:00| Telecompaper Headlines

(Telecompaper) Verizon is putting off the potential acquisition of two small mobile companies in Canada. The US-based communications giant had been looking at buying one or both of Wind Mobile and Mobilicity, two struggling carriers that are for sale. After a CAD 700 million preliminary offer for Wind and signing a non-disclosure agreement with Mobilicity in recent months, Verizon has now decided to delay pursuing those deals until after a government auction of spectrum licences in January 2014, two people familiar with the situation told the Globe and Mail. Instead, Verizon plans to focus on whether to participate in the upcoming auction of the 700 MHz frequencies. If Verizon enters the auction and wins the spectrum it wants, it could then look at potentially bidding for Wind and Mobilicity at some point in 2014, the paper's sources said. Carriers face a 17 September 2013 deadline to apply and to put down a refundable deposit for the spectrum auction. Once the paperwork is filed, however, prospective bidders are barred from negotiating any deals with other bidders until the next year.

Tags: report canada mobile bid

 

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