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Rogers Up After MTS Consortium Drops Wireless Spectrum Bid
Posted on May 23, 2008
Rogers Communications Inc. (RCI) investors are breathing easier now that Manitoba Telecom Services Inc.'s [MBT/TSX] consortium bid for wireless spectrum has collapsed. Rogers shares were up almost 7% or C$2.82 to C$44.81 in early afternoon trading Thursday, representing the biggest gain in the stock since the early days of April....
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