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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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LG Vu TU915 now officially launched by Rogers

It\'s today, after have launch the HTC Shift officially, Rogers have put the LG VU Tu915 on her website who have announced few month ago by LG, when they launch Touch publicity campaign in Canada, in the same time of LG Vantage of Bell and the LG Venus of Telus. The LG Vu Tu915 is a good device and LG want a competition with the iPhone. This device is sale for 279$ with a 3 years agreement, 329$ with 2 years, 379$ with 1 years or 429$ without any contract with Rogers.


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Google AdSense for Mobile now available in Canada

Many months after launching of the Google AdSense Mobile in last September, Canadian can now put AdSense publicity on mobile website. It’s very simple to install on your mobile web site like other Google products. AdSense for Mobile are now available in the following countries: US, England, France, Italy, Germany, Spain, Ireland, Russia, Netherlands, Australia, India, China, Japan and now Canada.

You can visit MobileInCanada.mobi but for the moment we don’t put publicity on our .Mobi


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Rogers announced 3G for Halifax and Moncton

Rogers have announced yesterday the 3G for 2 Atlantic cities, Halifax and Moncton. With this 2 new city, Rogers are the faster and most advanced network coast to coast, according to Rogers. With 3G in Halifax and Moncton, the Vision service is now available in this region.

\"This major expansion reinforces Rogers as Canada\'s fastest and most advanced wireless network from the Atlantic coast to the Pacific coast,\" said Rob Bruce, President, Rogers Wireless. \"It also confirms Rogers as the first in the Western Hemisphere and one of the leading carriers in the world to take their customers to the next level with the blazingly fast speeds of cutting-edge 3.5 G technology.\"

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Rogers finish Inukshuk network in Canada

Rogers have just announced few minutes ago, the final step in the Inukshuk network ( in partnered with Bell Sympatico) in many new city in Canada. This big wireless network (similar to cell phone network and not a real WiMax network) it’s build to use with the Rogers Portable Internet service. This service is a mobile modem without any wire connection for internet but use AC plug for electricity, ½ very mobile, but the rate are very attractive for a boat, or a business man at hotel.

http://www.rogers.com/portable

British Columbia : Penticton No. 1, Chilliwack, Kamloops, Kelowna, Tsinstikeptum No. 9, Tsinstikeptum No. 10 . Alberta : Blairmore, Calmar, Coleman, Mannville, Milk River, Mundare, New Sarepta, Warner, Lethbridge. Ontario : Ashton, Beckett\'s Landing, Kemptville, Cedar Ridge, Sierra Woods, Embrun, Russell, Enniskerry, John Quinn Sub, Huntley Manor Estates, Stittsville, Brechin, Cannington, Dunsford, Thurstonia, Grandview Beach, Midland, Port McNicoll, Victoria Harbour, Thornton, Washago, Country Club Estates, Kinburn, Marionville, Spring Hill, Vernon, Westmount Estates, Antrim, Deerwood Estates, Panmure, Dunrobin Shore, Maclaren\'s Landing. Quebec : Quyon, Neuville, Saint-Jean-Baptiste-de-Nicolet, Drummondville, Joliette, Trois-Rivieres, Chicoutimi-Jonquiere. New Brunswick : Steeves Mountain.

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HBO and Bell Mobility deliver The Sopranos on cell phone

HBE and Bell Mobility have announced a partnership to deliver premium HBO programming to Bell Mobility cell phone. In a second time they want offer ringtones, wallpapers and soon mobile games. For 10$ by mouth ( plus a unlimited Mobile Browser or Fun Bundle) Bell Mobility offer to her client many show like Entourage, Flight of the Conchords, Sex and the City, The Sopranos and many others. It will be available on a wide range of phones, including the LG 385, Samsung Carbon and LG Muziq.

bell mobility hbo sopranos movis film cellphone cellulaire sex city carbon muziq lg 380 canada mobile

Telus publicize the new BlackBerry Curve 8330

We have seen in the “Journal de Montréal” a publicity of Telus Mobility would announce the new Blackberry Curve 8330 with the new Motorola Q9C. The Blackberry Curve of Telus are now available in some Telus store, say a customers service members. This new BlackBerry 8330 are sale by Telus for 249.99$ with a 3 years contract.


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telus black berry blackberry curve 8330 cdma mobile mobility contract available cellphone store publicity pub review

No cell phone on hand in car for Quebec, Nokia has many solutions….

Nokia have made a little publicity for the new rules in Quebec with cell phone and car. Since 1 April, Quebecer cannot drive a car with a cell phone in hand; they do have a headset (with or without wires) for speak at cell phone and drive. For the three first month the Quebec polices give only a warning but the 1 July it’s a ticket of 100$ and 3 point on driver permit. In same time, or in few week, the Quebec government want adapt the lay who prohibit GPS for permit GPS in car, where is the error? But Nokia have some good rebate for Bluetooth stuff for driver doesn’t want has a warning.

Nokia.ca


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Win 1 of 10 HTC Touch with Deuxcestmieux.com

The Quebec milk producer have been a good idea for have more attention with publicity campaign. This time is with the HTC Touch. For have a change to win 1 of 10 HTC Touch you do live in Quebec and go to web site of www.deuxcestmieux.com (sorry this website are only in French). After you fellow few instruction and you have a change to win 1 HTC Touch (400$ value) the march 31th or the june 17th. IT’s free to participate and you can have more information on instruction and rule at here.


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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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