Wind Mobile, a 2008 entrant to Canada's wireless industry, added almost 80,000 new subscribers in the fourth quarter and the majority signed postpaid contracts that are more lucrative for service providers. The upstart, in the process of being acquired by Amsterdam-based VimpelCom Ltd, is seeking to upgrade its image from a talk-and-text niche provider to a legitimate national challenger to the three dominant telecoms.Wind expanded its network to cover more than 14 million Canadians and can now boast a total of more than 590,000 active subscribers, the company said on Wednesday.That still pales in comparison to the wireless units of BCE Inc's Bell, Rogers Communications Inc and Telus Corp, which together control more than 90 percent of the industry.But Wind's gains at the end of 2012 exceeded those of Rogers, which added 58,000 net postpaid subscribers and lost prepaid customers in the same period.
Rogers Communications Inc. (RCI) is a diversified public Canadian communications and media company. Shares of RCI fell by 0.08% or $-0.04/share to $48.09. In the past year, the shares have traded as low as $33.58 and as high as $48.50. On average, 284203 shares of RCI exchange hands on a given day and today's volume is recorded at 336095.
VimpelCom Ltd. (VimpelCom) is a holding company. The Company operates in Mobile Telecommunications Businessand Fixed-Line Telecommunications and Fixed Internet Business. Shares of VIP traded higher by 3.14% or $0.38/share to $12.50. In the past year, the shares have traded as low as $7.05 and as high as $12.60. On average, 1226280 shares of VIP exchange hands on a given day and today's volume is recorded at 3344626.
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