The deal will see Quebecor buy all of Freedom\u0027s wireless and internet customers, as well as infrastructure, spectrum and retail locations.
Toronto-based Rogers, Calgary-based Shaw and Montreal-based Quebecor argued their agreement would effectively address those concerns and keep alive a “strong and sustainable” fourth wireless carrier in Canada because the deal would expand Quebecor’s wireless operations nationally.
Meanwhile, Pierre Karl Peladeau, president and chief executive of Quebecor, called the agreement “a turning point for the Canadian wireless market.” Quebecor’s offer was $900 million less than Globalive’s bid, Lacavera said in an email to The Canadian Press. Eastlink, a Halifax-based telecommunications company, and New Brunswick-based rural internet provider Xplornet Communications Inc. were also said to be interested in Freedom.Article content
The Competition Bureau expanded its opposition to Rogers’ proposed takeover of Shaw in new submissions made to the Competition Tribunal on Friday.
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