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

‘Political risk’ plagues BCE alternatives: investor

Briefs | 06/25/2007 9:15 pm EDT

Other proposals to acquire BCE Inc. "are fraught with considerable political risk," according to Brent Fullard, who is spearheading an alternative financial structure for the telecom operations firm. In a conference call this afternoon, the managing director of Catalyst Asset Management Inc. in Toronto said one competing proposal – merging BCE with rival Telus Corp. – would irk consumers worried about decreased competition for their communication-technology spending. Other proposals, those led by pension funds working alongside US private equity firms, could upset "nationalists" worried about foreign investment, he said. The pension-fund proposals might also impact the federal government, which would see taxable income flowing to investors outside of Canada and beyond the revenue department's reach.

To keep reading, get a free trial.

Already a Subscriber?

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