Habs fury over Rogers breakdown could complicate their merger hopes

Habs fury over Rogers breakdown could complicate their merger hopes

The Rogers Building, the green corporate campus of Canadian media conglomerate Rogers Communications, is seen in downtown Toronto, Ontario, Canada July 9, 2022. REUTERS/Chris Helgren Join now for FREE unlimited access to Reuters.com Register TORONTO, July 10 (Reuters) – Rogers Communications (RCIB.TO) complicated its chances of securing antitrust approval for a C$20 billion telecommunications merger … Read more

Rogers network outage hits millions of Canadians, sparks outrage

Rogers network outage hits millions of Canadians, sparks outrage

Rogers dominates the telecommunications sector in Canada Banking services down, transportation disrupted The outage renews criticism of competition in the telecommunications sector TORONTO/OTTAWA, July 8 (Reuters) – A major network outage at one of Canada’s largest telecom operators shut down access to banking, transportation and government for millions of people all day Friday , sparking … Read more

Japanese KDDI shares fall nearly 4% after giant mobile network outage

Japanese KDDI shares fall nearly 4% after giant mobile network outage

A man wearing a mask checks his mobile phone at a shopping district amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 25, 2020. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register Nearly 40 million users affected by the outage; data service largely restored Stocks recoup some losses after an opening … Read more

KDDI aims to restore service on Sunday after 40 million users affected

KDDI aims to restore service on Sunday after 40 million users affected

A man wearing a protective face mask takes a photo with his mobile phone at midday at Shibuya Crossing during the coronavirus disease (COVID-19) outbreak in Tokyo, Japan March 31, 2020. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register TOKYO, July 3 (Reuters) – Japanese mobile operator KDDI Corp (9433.T) said it … Read more

Tencent shares fall as Prosus/Naspers sell shares to fund buyouts

Tencent shares fall as Prosus/Naspers sell shares to fund buyouts

JOHANNESBURG/AMSTERDAM June 27 (Reuters) – Tech investor Prosus NV (PRX.AS)will leverage its huge stake in China’s Tencent to fund a stock buyback in itself and as the parent company of Naspers (NPNJn.J)the Dutch company said Monday, flipping shares of the Chinese tech giant. The move aims to close a gap between the market value of … Read more