Non-voting stock added to BCT.Telus deal

Article Abstract:

BC Telecom Inc. and Telus Corp.'s investors will receive non-voting stocks in BCT.Telus Communications Inc., the firm that emerged from the union of the two telephone companies, in addition to the voting shares that they will get for their stakes in the two companies. The new deal calls for the issuance of 0.25 non-voting stock and 0.75 voting shares of the new company for every share held by BC Telecom and Telus investors. The move is expected to encourage foreign firms to acquire a larger stake in the new company.

Comment:

Its investors will receive non-voting stocks in BCT.Telus Communications Inc

Wired Telecommunications Carriers, Telephone Communications, Stockholder data, Telephone services, TELUS Holdings Inc., BC Telecom Inc., Article

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New laser quadruples speed of Internet

Article Abstract:

Nortel Networks develops a fiber-optic laser which can transmit 40 gigabits of information per second across one strand of cable, four times faster than its fastest commercially available laser.

Radio & TV communications equipment, Other Communications Equipment Manufacturing, Lasers for Communications, Telecommunications equipment, Lasers, Laser industry

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Nortel pins hopes on optics switch

Article Abstract:

Nortel Networks' testing new telecommunications switch. Company officials are hopfull that their new optical cross-connect switches will revitalize company sagging sales.

Equipment and supplies, Telecommunications equipment industry, Fiber optics, Company Profile

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