to March 31, the fourth time the outside date for the deal has been pushed back. The Canadian telecom giants originally expected to close the transaction in the second quarter of 2022.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
On Feb. 13, Champagne said he hadn’t made a decision yet and that he is not bound by a fixed timeline. The minister had initially signalled a willingness to approve the sale of Freedom to Quebecor/Vidéotron in October provided two conditions are met. First, Vidéotron would have to hold Freedom’s spectrum licences for at least 10 years and, second, bring competitive wireless offerings to Ontario and Western Canada that mirror those in Quebec, where prices were brought down by around 20 per cent.