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Ott_Cable
@teksavvy.com

Ott_Cable to HeadSpinning

Anon

to HeadSpinning

Re: Wind Mobile wants CRTC hearing over Telus ownership

Why would a publicly traded company need to be secretive about its ownership and control structure?
HeadSpinning
MNSi Internet
join:2005-05-29
Windsor, ON

HeadSpinning

Member

Good question. Why does Bell seem to think it necessary to conduct these hearings in private?

elwoodblues
Elwood Blues
Premium Member
join:2006-08-30
Somewhere in

1 edit

elwoodblues to Ott_Cable

Premium Member

to Ott_Cable
said by Ott_Cable :

Why would a publicly traded company need to be secretive about its ownership and control structure?

Because they aren't supposed to own it?
It's off the books, hidden in some obscure US holding company, which is the mistake they made, they bought too much.
MaynardKrebs
We did it. We heaved Steve. Yipee.
Premium Member
join:2009-06-17

MaynardKrebs

Premium Member

said by elwoodblues:

said by Ott_Cable :

Why would a publicly traded company need to be secretive about its ownership and control structure?

Because they aren't supposed to own it?
It's off the books, hidden in some obscure US holding company, which is the mistake they made, they bought too much.

Without knowing any details, ... IF the alleged rumour about Bell owning some of Telus either directly, via an affiliated company(ies), or perhaps even via the Bell pension fund totals more than some number, it might be that Bell could be afoul of securities laws - in effect conducting an undisclosed takeover. Again this is hypothetical.

Hypothetically, I wonder what the remedy to that would be since they'd be prohibited from actually taking Telus over.......... maybe they'd have to pay each Telus shareholder a premium (in cash) but not actually take ownership of their shares, and then Bell might be forced to sell their own stake in Telus. In other words, billions out the door for ownership of absolutely nothing.

But all this is hypothetical as there is no clear understanding of exactly what Bell's (subsidiaries & affiiliates included) position vis-a-vis Telus actually is.
Vomio
join:2008-04-01

Vomio

Member

With the joint development of their newfangled cellular network, I would imagine that various opportunities for cross financing of components might have occurred, possibly mutually beneficial.

It might be possible that they have slid into each other's embrace without that being the intent.

Kinda like waking up in a strange bed after a lost night of heavy drinking.

yikes
@videotron.ca

yikes

Anon

said by Vomio:

Kinda like waking up in a strange bed after a lost night of heavy drinking.

It was all fun and games... till that fateful night when Telnet_Bill rolled over and said, "Rocky? That you"?
MaynardKrebs
We did it. We heaved Steve. Yipee.
Premium Member
join:2009-06-17

MaynardKrebs to Vomio

Premium Member

to Vomio
said by Vomio:

Kinda like waking up in a strange bed after a lost night of heavy drinking.

Not that there's anything wrong with that.