quebecor

Competition Bureau’s Resistance to Freedom Mobile Sale ‘Incomprehensible’, Says Quebecor CEO

Quebecor CEO Pierre Karl Péladeau finds it "incomprehensible" that the Competition Bureau is opposed to the company's proposed acquisition of Freedom Mobile from Rogers and Shaw — reports The Globe and Mail. Back in May, the Bureau petitioned the federal competition tribunal to block Rogers's proposed $26 billion acquisition of Shaw. Canada's competition watchdog argued the...

TekSavvy Blasts Ottawa for Allowing Quebecor to Acquire VMedia

Quebecor recently acquired Toronto-based VMedia, one of the more prominent independent providers of internet, TV, and phone services in Canada, and fellow independent telecom provider TekSavvy is not happy about it. "This takeout by one of the country’s giant cable firms is another blow to the market and consumer choice," Peter Nowak, Vice President of...

Anthony Lacavera Urges Ottawa to Deny Freedom Mobile-Quebecor Deal

Anthony Lacavera, chairman of Globalive Capital and the original founder of Freedom Mobile, doesn't think selling the wireless provider to Quebecor Inc. will result in the "robust competition that the Canadian wireless sector desperately needs" — reports the Financial Post. Lacvaera urged Industry Minister François-Philippe Champagne and Competition Commissioner Matthew Boswell to block the sale in...

Rogers and Shaw Agree to Sell Freedom Mobile to Quebecor for $2.85 Billion

Rogers, Shaw and Quebecor announced late Friday evening the companies have agreed to sell Freedom Mobile to the Quebec-based telecom, after numerous reports the latter was in the running to acquire the wireless unit. “The proposed divestiture of Freedom Mobile to Quebecor will ensure the presence and viability of a strong fourth wireless carrier in […]

Québecor Still Interested in Buying Freedom Mobile, But Has Other Options Too: CEO

Pierre Karl Péladeau, CEO of Québecor Media Inc, said the company remains "interested" in buying Freedom Mobile from Rogers Communications Inc. as he echoed the Competition Bureau's stance on the latter's proposed $26 billion acquisition of Shaw Communications Inc. during a conference call with analysts on Thursday afternoon (via the Financial Post). Péladeau said acquiring...

Quebecor Wireless Launch to Proceed; Telus and Bell Accused of Stall Tactics

Quebecor CEO Pierre Karl Péladeau has been providing media interviews to further detail the company’s plans to expand wireless services outside of Quebec. Speaking to the Financial Post, Péladeau says Quebecor has managed to take 22% of the wireless market in Quebec, in under two decades. “There is now a mature market in Quebec, and...

Bell, Telus Ask Court to Block Quebecor’s 5G Spectrum in Western Canada

Bell Canada Enterprises (BCE) Inc. and Telus Corp. have demanded that the federal government block issuance of 5G spectrum licenses to Videotron outside Quebec and Ontario, asserting that the Quebecor subsidiary did not meet the requirements to bid on those licenses in the recent 3,500 MHz spectrum auction — reports The Globe and Mail. Videotron spent...