Kamloops to get Google Fiber like internet from Telus

Telus Broadband president Tony Geheran and Premier Christy Clark. (Photo: Photo: Wayne Moore)

On Tuesday, Telus announced it will invest $60-million into Kamloops to give 90% of homes there access to lightning fast internet. The investment will upgrade speeds on the fibre optic network to as much 100 megabits per second. That means Kamloops residents will enjoy internet speeds to those somewhat comparable to Google Fiber, the fiber-to-the-premises […]

theScore gets price target raise to $0.95 at Euro Pacific

thescore

theScore’s (TSXV:SCR) most recent quarter has Euro Pacific Canada analyst Rob Goff feeling more bullish about its prospects. Yesterday, theScore reported its Q2, 2015 results. The company lost $2.84-million on revenue of $3.2-million, a topline that was up 68% over the same period last year. “Q2 saw us continue to strengthen the core foundations that […]

Mitel’s rollercoaster ride will continue, says Cormark

mitel office

The ups and downs experienced since Mitel (TSX:MNW, Nasdaq:MITL) announced the acquisition of Mavenir will continue, but the acquisition has the potential for “big upside”, says Cormark analyst Richard Tse. On March 2, Mitel announced that it would acquire U.S-based 4G LTE player Mavenir (Nasdaq:MVNR) in a stock and cash deal worth about $560-million. Mitel […]

Sandvine rises after reporting tenth consecutive profitable quarter

Cormark analyst Richard Tse says that, following a year in which it struggled though partner changes and product revisions, Sandvine is finally hitting its stride.

Shares of Sandvine (TSX:SVC) are up today after the company reported better than expected first quarter numbers. Sandvine earned (U.S.) $10.2-million on revenue of $32.4-million in its Q1, 2015, up from $7.5-million in earnings on a $31.5-million topline in the same period a year prior. “I’m pleased to have a strong start to the year. […]

Can Toronto solve its traffic woes with big data?

toronto

On Monday, Toronto mayor John Tory announced that the city would begin looking at big data solutions to try and cure its famous traffic woes. “We’re going to get us out of the clicker and clipboard business and into the 21st century,” he said. The mayor said the city will hire a big data team […]

Telus to spend billions to upgrade Alberta to 4G LTE

telus headquarters

Telus (TSX:T) says it will spend $4.2-billion, including a $1-billion this year alone, to upgrade every wireless site it has in Alberta to 4G LTE. The telco says it will also expand its 700 megahertz (MHz) spectrum for use in rural and urban areas. “Telus’s commitment to improve the lives of Albertans by providing the […]

DataWind gets $7.00 target at Industrial Alliance Securities

datawind

Canada’s DataWind (TSX:DW) is solving issues of affordability and infrastructure and enabling mobile internet adoption in emerging markets, says Industrial Alliance Securities analyst Steve Li. In a research report to clients yesterday, Li initiated coverage of DataWind with a “Speculative Buy” rating and $7.00 one year target price, implying a return of 274% at the […]

DataWind’s smart phone deal is a key milestone, says Haywood

datawind smartphones

DataWind’s (TSX:DW) deal to bundle internet browsing on three new smart phone models is a key milestone for the company that should allow it better and faster penetration of the Indian market, says Haywood analyst Massimo Voci. This morning, DataWind announced it will partner with carrier Reliance Communications to offer unlimited browsing on three new […]

Mitel makes big acquisition, picks up 4G LTE player Mavenir

McBee: "I think one of the things we needed to do was to re-establish credibility. After the company IPO'd we missed the very first quarter's guidance, which was pretty tough. Over the past year, we have been really focused on being consistent, which we have delivered on. We have met or beat our revenue targets for the last four quarters."

After its fourth quarter results were greeted with a yawn by investors last week, Mitel (TSX:MNW, Nasdaq:MITL) today shook things up with a surprise acquisition. The company announced that it will acquire U.S-based 4G LTE player Mavenir (Nasdaq:MVNR) in a stock and cash deal worth about $560-million. “Mitel is a leader in enterprise and cloud […]

Mitel falls after record fourth quarter results

mitel office

Shares of Mitel (TSX:MNW), Nasdaq:MITL) are off today after the company released its fourth quarter and fiscal 2014 results. In the fourth quarter, the company earned (U.S.) $10.8-million on revenue of $301.4-million, compared to a loss of $2.8-million on a topline of $144.8-million in last year’s Q4. For the year, Mitel lost (U.S.) $7.3-million on […]