In another sign that common sense may finally be coming to the corporate world, Telus decided not to go after Bell Canada after all. Yay!
Now, it would be in Bell's interests to rebuff all suiters and declare it will remain an independent, public owned, federally chartered company. That's the only way to make sure the wires we paid for stay ours.
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3 comments:
Hey,
I get that the post is sarcastic. But I'm not really sure what you're saying about the Telus-BCE proposed merger and the surrounding hype.
I wasn't being sarcastic at all. I may be a free trader in some respects, but something as important as telcos need to stay in domestic control and with real competition by domestic players or at least majority owned by Canadian shareholders.
"with real competition by domestic players or at least majority owned by Canadian shareholders"
Isn't Telus owned mostly by Canadian shareholders?
Cerberus and KKR are not based in Canada. Teachers are the most Canadian of the private bidders, but then should the Canadian government be suspicious of the increasing strength of this pension fund?
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