Home Page News Briefs People Media Telecom Archives About Us
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers

BCE confirms Telus merger talks

Briefs | 06/21/2007 10:53 am EDT

Confirming a rumour that started weeks ago, BCE Inc. announced June 20 that it's talking to BC-based telco Telus Corp. about merging. This is part of the company's review of "strategic alternatives…to further enhance shareholder value," according to a press statement. As usual, BCE said "no assurances can be provided that any offer…will be accepted." Earlier this month the Bell Canada parent company confirmed that a consortium including Teachers' Private Capital and Providence Equity Partners Inc. had entered into discussions. In May BCE said a consortium including Cerberus Capital Management LP and a group of Canadian investors were involved. And in April BCE put to rest the sale rumours by confirming that it was discussing with the Canada Pension Plan Investment Board, the Caisse de dépot et placement du Québec and Canada's Public Sector Pension Investment Board.

This content is available to wirereport.ca subscribers

Already a subscriber? Sign in here

Unlock all the Canadian telecom, broadcasting and digital media news you need.

Take a free trial or subscribe to The Wire Report now.


Two weeks free access to thewirereport.ca and our exlusive newsletters.

Register for free

* Required


Unlimited access to thewirereport.ca and our exlusive newsletters.


* Required

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com