C1 bankruptcy protection sends other firms scrambling

Article Abstract:

Industry analysts said that the bankruptcy of Mississauga, Ont.-based C1 Communications Inc. has alarmed other telecommunications companies, such as Montreal, Quebec-based Wispra Networks Inc. and Toronto, Ont.-based GT Group Telecom Inc. The telecom industry has been suffering from a withdrawal of venture capital.

Organizational history, Management, GT Group Telecom Inc., Wispra Networks Inc., C1 Communications Inc.

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BCE posts fourth-quarter loss

Article Abstract:

Montreal-based telecommunications services giant BCE Inc., reported $31 million loss on a revenue of $5.18 billion for the fourth quarter ending December 31, 2000. The fourth quarter loss was due to charges for a number of acquisitions. BCE forecasts growth of between 8 and 10 percent for 2001.

Sales, profits & dividends, Market information - general, Forecasts, trends, outlooks

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Moody's downgrades BCE ratings

Article Abstract:

BCE Inc. has been downgraded from A-2 to A-3 by U.S. leading credit rating agency, Moody's Investor Services. The company's commercial paper program was downgraded from p-1 to p-2.

Financial analysis, Evaluation

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