bce acquisition

After an outright rejection from the CRTC against the proposed merger with Astral Media in mid-October, BCE wants to get back to the bargaining table. The CEO of BCE, George Cope and his team have tabled a new proposal to meet the regulatory requirements set forth by the CRTC and in so doing...

George Cope, CEO of BCE, said that if the acquisition of Astral Media goes through, a made-in-Canada competitor to Netflix, available in English and French, will be launched. In defending BCE's purchase of Astral at the Canadian Radio-television and Telecommunications Commission hearing on...

As BCE's profits continue to mount so too does the opposition from the telecom's competitors about the proposed Astral takeover. On August 8th, the telecommunications giant reported a second-quarter profit of $773-million up from $590-million a year ago. The day before, three cable companies...