I don't think the CRTC would give up TMN & HBO to either Bell or Videotorn. Would go to Rogers or Cogeco. Unless those two are split up between videotron and Rogers or Cogeco.
Also, nothing up to this point negates or shows that a 3rd player isn't coming in and filing *with* Bell and astral. Could be a small surprise on the way. No one knows.
Maybe the CRTC Broadcasting Vice-Chair they took out for a night on the town started a company w/ Bell money to snatch it