Telecom followers that bet Telus would eventually buy/bid for Bell Canada better pay up (me included!)
Competition concerns – rather lack of assurances Industry Canada wouldn’t quash the deal – apparently dissuaded the ebullient and energetic Darren Entwistle, Telus’s chief executive, from spearheading another bid for Bell Canada.
So it looks like that $52-billion takeover by Ontario Teachers Pension Plan for Bell Canada is going to happen after all. That’s assuming the debt markets in the U.S. hold up.
No Comments on “Telus rules out BCE bid”
You can track this conversation through its atom feed.