Competition challenge to Rogers, Shaw merger boosts Quebecor's chances, says industry watcher

Those assets, which include spectrum, could also be acquired on better terms, whether that’s price or network-sharing arrangement, or both, industry watchers say.

Quebecor, which has openly challenged the national wireless dominance of Rogers, Telus Corp., and BCE Inc.’s Bell network and pledged to bring down wireless prices for consumers as it has done in its home province of Quebec, was not seen as a favoured buyer by Rogers, a company it has tangled with in court over previous network-sharing arrangements.Article content

“We do not believe the deal is dead,” BMO’s Casey wrote. “In our view, Rogers and Shaw are highly motivated to reach a settlement with a remedy partner rather than pursue a path of litigation with the Competition Tribunal.” Xplornet, owned by private equity firm Stonepeak Infrastructure Partners, has reportedly emerged as a contender for the assets, which analysts have said could fetch up to $4 billion.Article content

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Dan Loeb says he's boosting oil and gas positions and warns the bottom might not be in for tech stocksDan Loeb says he’s boosting oil and gas positions and warns the bottom might not be in for tech stocks
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »