Farchord
Lost somewhere.
join:2004-08-28
Shawinigan, QC | Telus-Bell Merge Rumor - Say Whaaaaaaat!?!?
»fr.canoe.ca/techno/nouvelles/arc···724.html
Stupid rumor, or evilish possibility...? |
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l0thar
join:2005-12-29
Far Far Away
| Telus wanted to buy BCE back when they put it up for sale; lost to the Teachers bid, which thankfully didn't close in the end (at an inflated share price, it would be a bad move for the pension plan).
So, I wouldn't be surprised if they tried again.  |
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R0CKY
TSI Rocky
Premium,VIP
join:2005-05-19
Chatham, ON | Haven't read the article but Cope is ex-Telus I believe so it is entirely possible! |
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nigrunze
join:2009-02-14
Cote Saint-Luc, QC
| Great... so we're going to have to deal with fish, monkeys, and chameleons lying and telling us that their company is bettER.
And once Bellus comes around, the CRTC is probably still gonna brag about how competitive the Canadian cell market is. |
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PXA
Digital Ninja
Premium
join:2008-04-02
Nepean, ON | reply to Farchord
I can't possibly believe that the Competition Bureau would let this go through. Consolidation on this scale would eliminate far too much consumer choice in Canada, particularly in the cell phone space. |
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Fireblade
join:2008-08-27
St Catharines, ON
 ·Cogeco Cable
 ·Vonage
| reply to Farchord
There's a reason Bell Mobility is bleeding customers in record numbers, if a merger like this ever happened, I would go back to Fido in an instant. Bellus, I'll pass!
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I love fish sticks. I love putting fish sticks in my mouth. |
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Davesnothere
join:2009-06-15 | Morphing Puns
Bell + Telus = Bellus ~> Bullus ~> Bully-us ?
Hmmmm....  |
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hmm no
@videotron.ca
| reply to l0thar
Re: Telus-Bell Merge Rumor - Say Whaaaaaaat!?!?
said by l0thar  :Telus wanted to buy BCE back when they put it up for sale; lost to the Teachers bid, which thankfully didn't close in the end (at an inflated share price, it would be a bad move for the pension plan). So, I wouldn't be surprised if they tried again. They didn't lose the bid.
Bell closed the accounting books on them and wouldn't let them review claims of how much Bell is actually worth.
Telus had to back out of a multi-billion dollar deal.
Would you bid on a company if they closed the books on you?
Then the teachers fund/KPMG determined Bell wasn't worth the money and didn't pass a solvency test.
So it's not a matter of them losing a bid, its a matter of Bell not allowing them the opportunity to review the figures Bell presented to everyone.
Big difference. |
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Guspaz
Guspaz
Premium,MVM
join:2001-11-05
Montreal, QC | reply to Fireblade
Perhaps that's why Bell bought Virgin Mobile. Virgin has 300,000+ customers and the highest customer satisfaction among any cellphone company in Canada. |
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Davesnothere
join:2009-06-15
1 edit | said by Guspaz :Perhaps that's why Bell bought Virgin Mobile. Virgin has 300,000+ customers and the highest customer satisfaction among any cellphone company in Canada. Which itself is odd, considering :
1) MY own nightmare, er, experience, with Virgin - Don't get me started....
2) Virgin was 50% Bell-owned from the start.
3) Virgin had attracted most of those customers from Bell, and Bell essentially just bought them back - now they'll all have to leave again ? - How Ironic !
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ohmer
join:2003-08-06
Quebec, QC | yeah i left virgin mobile 1 week before bell's purshase  |
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Davesnothere
join:2009-06-15
1 edit | said by ohmer :yeah i left virgin mobile 1 week before bell's purshase How did you know to do that ? |
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Kareeser
hm?
Premium
join:2006-07-18
Hamilton, ON | reply to Farchord
Wait a second... I thought Telus owned phone lines in Western Canada... whereas Bell owned all of the lines in the East.
Does that mean we'll have a POTS monopoly?
Good god... the horror. |
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pnjunction
Teksavvy Premium
Premium
join:2008-01-24
Toronto, ON
1 edit | They already have monopolies...areas that have one don't have the other. Unless you're willing to move across the country for a different phone company there's no choice. |
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ohmer
join:2003-08-06
Quebec, QC
 ·TekSavvy Solutions..
·Primus Talkbroadband
·Mega Qubec
| reply to Davesnothere
I don't know Maybe I should buy a loto. |
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tor
@yaknet.ca
| reply to Guspaz
said by Guspaz :Perhaps that's why Bell bought Virgin Mobile. Virgin has 300,000+ customers and the highest customer satisfaction among any cellphone company in Canada. Not for long I bet. :P |
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cacruden
join:2008-03-18
Toronto, ON | Personally, I would not stop the merger - just put conditions on it that they have to spin the cell phone Virgin and Telus back off as a competitor  |
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mlerner
Premium
join:2000-11-25
Nepean, ON | reply to Farchord
Makes sense, they've always had a bit of an alliance but would the CRTC approve it? If either one doesn't bribe them that is. |
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An_Onymous
@teksavvy.com | BellTelus would only be giving CRTC one bribe instead of two. |
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elwoodblues
Elwood Blues
join:2006-08-30
Toronto, ON
| reply to Guspaz
They actually didn't "buy" Virgin Mobile, they just bought out the half they didn't own.
Virgin used Bell has their carrier anyways, so there really wasn't alot of difference. I suspect that we're either going to see the Solo brand disappear or the Virgin one. Either way they will be come the low cost BellER
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It's 106 miles to Chicago, we got a full tank of gas, half a pack of cigarettes, it's dark, and we're wearing sunglasses. |
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