Rogers Cantel Mobile Inc.'s plans to begin the roadshow for its $250 million note issue the week of Oct. 21, capitalizing on the junk bond market rally and a friendlier reception for cellular communications credits, a company spokesman said yesterday.

"You're starting to see some very good cellular transactions in the U.S., a lot higher than where they were a year ago," the spokesman at the Toronto-based company said. He requested anonymity.

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