Cantel's new CEO ringing in change

Article Abstract:

Rogers Cantel Mobile Communications Inc.'s new chief executive and president, Charles Hoffman, is optimistic that the cellular-telephone firm is on the way to profitability. Hoffman believes that Cantel's difficult business initiatives, such as a 25% downsizing of its workforce, will set the foundation for the firm's return to profitability, despite of the uphill struggle it has to do to achieve profits. Cantel plans to launch later in June 1998 simpler airtime-pricing packages for its cellular-phone services and to introduce changes into its corporate structure.

Comment:

Is optimistic that it is on the way to profitability, w/ its difficult bsns moves paving the way for achieving profits

Strategy & planning, Article, Rogers Cantel Mobile Communications Inc.

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Partnerships to yield $130-million, Moore says

Article Abstract:

Moore Corp (Toronto, Canada) expects to generate over Can$130 mil in revenue over the next three years from strategic partnerships with Phoenix Investment Partners, Verizon Wireless, and Ford Motor Co.

United States, Sales, profits & dividends, Forecasts, trends, outlooks, Radiotelephone communications, Strategic alliances, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Investment advice, Investment Advisory Services, Business Forms, Manifold Business Forms Printing, Motor Vehicles and Equipment, Manifold business forms, Financial services industry, Financial services, Cellular telephone services industry, Brief Article, Contracts, Ford Motor Co., Transportation equipment industry, Investment advisers, Moore Corporation Ltd., Verizon Wireless Inc., Printing industry, F, Phoenix Investment Partners Ltd.

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