Telus Could Buy Bell?
This is the exact opposite of what I actually want to happen. If anything, I’d like it if Bell and Telus were broken up, to spur competition. Right now you basically have no choice when it comes to wireless providers. You get Bell, Telus, and Rogers. Well Bell and Telus are practically the same already. All the data plans are highway robbery.Telus Corp. has entered the auction for Bell Canada Inc., making its move on the assumption it can convince competition regulators to allow it to retain the wireless operations of both companies if its bid is successful.
…Telus would instantly become the leading contender for Bell because
of the cost savings it could achieve by combining the two phone
companies.Industry observers have estimated the companies could
save $800 million to $1 billion in annual costs by merging their
traditional wireline businesses.Telus has long been seen by some
at the top levels of Bell Canada (the new name of the company formerly
known as BCE Inc.) as the preferred partner in any merger or
acquisition deal given the fit between the two operating companies.…A Telus bid would be seen to have complications, as its wireless
business together with Bell’s would have more than a 60 per cent market
share across the country and leave Canada with just two wireless
service providers, along with Rogers Communications Inc. — at least,
until the impending auction of wireless spectrum by Ottawa.