Workflow
Bell
icon
Search documents
Rogers Receives League Approvals on MLSE Acquisition
Globenewswire· 2025-06-04 20:30
Core Viewpoint - Rogers Communications has received all necessary league approvals to acquire Bell's 37.5% stake in Maple Leaf Sports & Entertainment (MLSE), aiming to become the majority owner with a 75% stake [1][2]. Group 1: Acquisition Details - The acquisition deal is valued at C$4.7 billion, which will allow Rogers to expand its ownership in MLSE, a prominent sports and entertainment organization [3]. - Rogers has already received clearance from the Competition Bureau for the acquisition and is awaiting approval from the CRTC for an additional indirect interest in Toronto Raptors Network Ltd (NBA TV Canada) [3]. Group 2: Strategic Importance - Live sports and entertainment are identified as critical components of Rogers' core business strategy, emphasizing the significance of this acquisition for the company's future growth [2]. - The acquisition aligns with Rogers' position as Canada's leading communications and entertainment company, enhancing its portfolio in the sports sector [2][4].
Optiva, PlektonLabs and Qeema Showcase How APIs and Dynamic Pricing Transform Telecom Monetization at DTW Ignite
Globenewswire· 2025-05-29 11:30
Core Insights - The collaboration among Optiva Inc., PlektonLabs, and Qeema focuses on a TM Forum Open Innovation Catalyst project named INFINITY, aimed at unlocking revenue through dynamic pricing and APIs in the telecommunications sector [2][3][6]. Group 1: Project Overview - The INFINITY project introduces a dynamic pricing solution that allows telecom companies to adapt pricing in real-time based on customer needs and network utilization, thereby creating new revenue streams [3][4]. - The project will be showcased at the DTW25 Ignite event in Copenhagen from June 17-19, 2025 [2][8]. Group 2: Benefits of Dynamic Pricing - Dynamic pricing enables telecom operators to adjust prices based on real-time demand, optimizing network capacity and enhancing customer experience [7]. - The approach allows for monetization of API ecosystems and tailored packages for B2B2C, generating new revenue streams [7][6]. - By leveraging AI and real-time network telemetry, the INFINITY project simplifies API discovery and supports dynamic quote management, facilitating easy monetization and real-time ordering [7][5]. Group 3: Industry Context - The need for dynamic pricing is emphasized as critical in the rapidly evolving telecom landscape, moving operators beyond traditional static pricing models [4]. - The project aims to transform telecom networks from cost centers into agile profit engines by capitalizing on advanced features like network slicing [4][6].