Saving money, simplifying operations and creating a stronger telecom competitor in Atlantic Canada were among the reasons cited for why BCE Inc. is seeking ownership of all parts of Bell Aliant Inc. it does not already own. BCE announced Wednesday it intends to purchase 127.5 million shares of Bell Aliant for $3.95 billion in cash and stock. BCE holds about 44 per cent of Bell Aliant now, according to Bell Aliant's 2013 annual information form, though it controls the company with a majority of seats on Bell Aliant's board of directors. "The privatization of Bell Aliant...
Rogers Communications Inc. will be better positioned to compete against rival incumbent wireless carriers BCE Inc. and Telus Corp. in the Quebec market under a new network-sharing agreement with Quebecor Media Inc. subsidiary Videotron Ltd., Ken Engelhart, Roger’s senior vice-president of regulatory services, said in an interview. “The market [is] very competitive, but we’ll be going into that fight with a kick-ass network,” Engelhart said Thursday. “We’ve...