Tags : bc
Bell Mobility acquires Virgin Mobile Canada

Bell Mobility announced they have bought completely Virgin Mobile Canada for $142-millions. Bell has also bought a long-term licensing agreement with the Virgin Group for continued use of the Virgin Mobile brand in Canada.

\"Bell Mobility\'s acquisition of Virgin Mobile Canada supports our strategic imperative to Accelerate Wireless, a core component in Bell\'s overall strategy to achieve our goal: To be recognized by customers as Canada\'s leading communications company,\" said George Cope, President and CEO of Bell and BCE. \"This initiative will allow Bell Mobility to be uniquely flexible in the competitive wireless marketplace, maximizing network, handset, distribution and global roaming efficiencies, and enhancing the growth of the No. 1 youth brand in Canadian wireless.\"

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Bell to acquire national electronics retailer The Source

<< Supports Bell\'s strategy to accelerate wireless and leverage momentum in digital television, high-speed Internet and home phone services Adds more than 750 stores across Canada to Bell\'s national distribution network >>

MONTREAL, Quebec, March 2 /CNW Telbec/ - Bell today announced it has agreed to acquire national consumer electronics retailer The Source to further enhance the growth of Bell\'s wireless, digital TV, Internet and home phone services.

\"The Source is a respected leader in consumer electronics retailing right across Canada. Its acquisition supports Bell\'s strategic imperatives to accelerate wireless and leverage momentum in wireline services like Bell TV, Bell Internet and Bell Home Phone,\" said George Cope, President and CEO of Bell and BCE.

\"With its strong national presence, brand, and management team, acquiring The Source represents a competitive and cost-effective approach to ensuring Bell\'s leadership in delivering the best communications products to Canadians,\" Mr. Cope said. \"Expanding the number of places people can buy Bell products is a core element in the execution of Bell\'s strategy to achieve our goal: To be recognized by customers as Canada\'s leading communications company.\"

In addition to its extensive lineup of consumer electronics products, The Source plans to carry the full array of Bell consumer services at its more than 750 stores across Canada, including Bell Mobility, Solo Mobile and potentially Virgin Mobile wireless products and services, Bell TV\'s industry-leading High Definition television services, high-speed Bell Internet, and Bell Home Phone products, by January 2010.

The Source will continue to operate independently from Bell following its acquisition and will maintain its well-known national brand, broad range of communications, computing and audio products, and its seasoned management team to be led by Ron Cuthbertson, a respected 30-year retail veteran and most recently President of The Source.

\"The Source\'s new relationship with Bell will make the most of the combined strengths of both organizations in terms of products, service and national brand strength,\" said Mr. Cuthbertson. \"Combining Bell\'s industry-leading roster of communications services with the brand, distribution presence, and consumer retailing expertise of The Source will contribute positively to the long-term growth of both businesses going forward.\"

The Source has a track record of profitability over the past seven years. LTM (latest twelve month) revenue as of December 31, 2008 was approximately $643 million while LTM EBITDA(1) (earnings before interest, taxes, depreciation and amortization) was approximately $27 million for the same period.

The acquisition of The Source and its more than 750 retail stores, most of them in high-traffic mall locations, is a faster and more cost-effective approach to increasing Bell\'s national distribution footprint than building out new retail locations. More than 70% of Canadians live within five kilometres of stores operated or licensed by The Source, and more than 80 million technology-savvy consumers shop at The Source each year.

Bell is acquiring substantially all of the assets of The Source, which was acquired by Circuit City Stores, Inc. in March 2004. On November 10, 2008, Circuit City and certain of its U.S. subsidiaries voluntarily commenced bankruptcy proceedings under Chapter 11 of the United States Bankruptcy Code and The Source commenced a voluntary proceeding under the Companies\' Creditors Arrangement Act (CCAA). Bell is acquiring The Source pursuant to the court monitored sale process being managed by NM Rothschild & Sons Canada Ltd. in connection with the proceedings under the CCAA.

Subject to court approval and other customary conditions to closing, the transaction is expected to close in Q3 2009. Due to the nature of the sale process and at the request of The Source, Bell does not expect to disclose the purchase price until after the completion of the transaction.

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Video of the Rogers HTC Shift X9501

The HTC Shift X9501 of Rogers is an incredible device with a lot of option and function. I think particularly at Wi-Fi connection, Bluetooth 2.0, a full QWERTY keyboard, fingerprint reader, 3G connection and a VGA webcam. The HTC Shift X9501 of Rogers have 2 operating system, Windows Vista Business and SnapVUE (a little Windows Mobile for receive push mail). Thanks to CellEnGros.com for permit us to review this incredible device.


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RBC offer Asus Eee PC when you subscribe to Signature plan

RBC (Royal Bank of Canada) will give for free a Asus Eee PC with all new activation of RBC account Signature. It’s not very simple and you have many condition but it’s can be good if you respect all condition.

To qualify for an Eee PC, individuals have from May 1, 2008 until September 12, 2008 to switch their non-RBC personal chequing account to an RBC Signature No Limit Banking account using RBC\'s CustomSwitch service. The account must be their main transaction account with one automatic payroll or pension deposit and two pre-authorized debits. RBC is also looking to encourage paper conservation, as customers making the account switch will also become an RBC online banking client, and pay at least one household bill online and receive electronic statements for their account records.

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Industry Canada say ok to BCE takeover

Industry Canada, Jim Printice, approved the BCE take by Teachers, Providence, Madison Dearborn and Merril Lynch, under certain condition. This is the last step for BCE sales. BCE think the transaction will finished before the end of the second trimester.

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Maybe T Mobile in Canada for 3G auction

Information, provided by a CIBC internal note, T-Mobile want go outside Europe and United State for new market and CIBC think it’s a good idea for T-Mobile to come in Canada. T-Mobile already in USA don’t want buy an existing network but build a new 3G network have declared the Deutsche Telekom president at Financial Times last week. The only problem for T-Mobile (based in Germany), the Canadian Telecommunication law want the owner of a telecommunication company are Canadian, but about CIBC, the law maybe change in few years.


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Vancouver wants a downtown wireless

The city of Vancouver wants to launch a project that would make its downtown (about 2.3 km / square) wireless network with a high-speed wireless. A competition has been launched on the website of the Government of British Columbia. According to CBC, Peter Ladner who had the idea of the project wants to find financial partners because the elected officials of the city of Vancouver are unwilling to finance the project with taxes taxpayers. Several North American cities have attempted this type of project with varying degrees of success depending on location. However, the fall in prices in packages on cellular data, very quickly makes this kind of network obsolete, but could be very useful for the 2010 Olympics in Vancouver.

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RBC and Visa try payment by cellphone in Canada

Here is that the Royal Bank of Canada and Visa recently announced the launching of a pilot project to test the payment by credit card, but with a cell phone. The pilot testing will be conducted in Ontario include several step. Laboratory tests, a pilot project with the staff of the RBC and tested with consumers. It is insert chips NFC (Near Field Communication) in cellphone, which will allow the client to pay for their purchases with Visa payWave that technology will also be used in conjunction with traditional credit cards.

\"Handheld communication devices are already as indispensable as wallets,\" said Anne Koski, head, Payments Innovation in RBC\'s Cards division. \"Many of our clients would appreciate the convenience of making purchases through their mobile phones rather than fumbling for cash when trying to get through a busy checkout line. Mobile devices, much like electronic payments, have become a mainstay in people\'s lives, so combining the two securely makes a lot of sense.\"

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XtremNoteBook launches a very powerful laptop Xtrem 917V

XtremNoteBook, which makes indeed in the very extreme one, proposes a very powerful portable computer. It is about Xtrem 917V which has a processor Core 2 Quad which carries out the work of approximately 4 processors. It is also equipped with a screen of 17 inches, a graphics board Dual NVIDIA GeForce Go 7950 GTX CPU. A reader DVD DUA-to bush-hammer is also with the menu with a card reader memory. As regards the read-write memory, one speaks about 4gig and the hard disk is not left in remainder with the possibility of including 3 hard disks of 250gig each one. A webcam is also integrated. One speaks about a starting price to 2300 $ American and is obviously not on sale at FutureShop.


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Aliant launches services of geo localization to the Atlantic

Aliant a division of BCE in the Atlantic, now proposes a service of geo localization per cellular turn to its customers. “We are charmed of launching this technology to Atlantic Canada, declared Paul Pothier, divisional chief - Sales wireless telegraphy. To seek and find, LocalisAction (MC), road Assistance and #TAXI constitute four other examples in the way in which we propose to the customers of Aliant an exclusive access to solutions which offers the convenience to them and a safety increased on the most powerful network wireless telegraphy of our area. ” The service was already available in the remainder of Canada, but it is now also available in the Atlantic.

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