BCI venture buys Brazilian wireless firms

Article Abstract:

Bell Canada International Inc.'s (BCI) Telecom Americas Ltd. joint venture will acquire Telet SA and Americel SA of Brazil. The deal is valued at approximately US$580 million.

Asset sales & divestitures, Acquisitions & mergers, Cellular Mobile Radio Services, Brazil, Mergers, acquisitions and divestments, Cellular telephone services industry, Cellular telephone services, Telecom Americas Ltd., Telet S.A., Americel S.A.

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Microcell cutting Fido rates

Article Abstract:

Microcell Telecommunications will decrease its Fido wireless long distance rates. Industry analysts believe the company is planning to enter the local telephone business.

Mobile Radio Services, Consumer prices, Statistical Data Included, Prices and rates, Telecommunications services industry, Telecommunications industry, Wireless communications services, Microcell Telecommunications Inc.

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RBC nails new bank profit record

Article Abstract:

The details on Royal Bank of Canada, which posted $3.39 billion profit for third quarter 2005, are presented.

Commercial Banks, Sales, profits & dividends, Banking industry, Company sales and earnings, Company earnings/profit, Royal Bank of Canada

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