Com Dev out to show right stuff

Article Abstract:

Com Dev International Ltd., a satellite company headquartered in Cambridge, Canada, sees unstable investor confidence as it sold majority of company shares. The stocks that account for two-thirds of the firm's options were sold by Com Dev former director William Fitzgerald. Fitzgerald's resignation as well as his commitment to return the $2-million loss incurred by investors will help preserve investor faith as the company faces other financial problems, according to Com Dev founder, chairman and chief executive officer Val O' Donovan.

Comment:

Sees unstable investor confidence as it sold majority of company shares

Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Management development, Satellite Communications Eqp, Satellite communications systems, Article, Com Dev International Ltd.

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YPTel to go public, take on Yellow Pages publishers

Article Abstract:

YPTel Corp of Toronto, Ontario, has announced its plan for a C$50-million intial public offering of its shares. The seven-month old company said that proceeds from the IPO will be used to finance its planned expansion to become the largest publisher of business phone directories in North America. YPTel is one of the group of new comers that include White Directory of Canada Inc and Locator Group which are taking on the market dominance of giant directory publisher Tele-Direct (Publications) Inc of Montreal, Quebec.

Organizational history, All Other Publishers, Catalogs & Directories, Directories, YPTel Corp.

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Crawford named chairman of AT&T Canada

Article Abstract:

AT and T Canada Inc has chosen Purdy Crawford as its new chairman of the board. Crawford joined the board in Jan 1999 when he was named as a non- voting trustee of the 67% interests in AT and T Canada that was relinquished by three chartered banks. Crawford is also the chairman of Montreal, Quebec-based conglomerate Imasco Ltd, which is being acquired by British American Tobacco PLC for C$10.3 billion.

Telecommunications, Executive changes & profiles, Telecommunications industry, AT and T Canada Inc.

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