The chief monetary officer of BCE says Freedom Cell can have a tough time competing towards different telecom firms if Shaw places it up on the market.
In response to the Globe and Mail, Glen LeBlanc believes there’s a “excessive chance” Rogers will promote Freedom Cell to realize approval for its merger with Shaw. He made the feedback at Scotiabank’s telecom, media and know-how convention.
The assertion comes on the heels of Innovation, Science and Business Minister François-Philippe Champagne’s feedback saying Rogers can’t require all of Shaw’s wi-fi licenses as doing so will lower competitors.
Quite a few events are all for buying Freedom Cell, together with firm founder Anthony Lacavera and telecom big Québecor Inc.
Québecor launched a number of statements since Minister Champagne made his feedback, praising the federal government for desirous to create competitors.
However as The Globe stories, LeBlanc believes Québecor buying the corporate might create distractions.
“It’s going to take their consideration away from their core market in Quebec,” he stated.
Minister Champagne’s feedback got here simply earlier than the Home of Commons Standing Committee on Business and Know-how launched a report outlining solutions on the merger.
A kind of was to launch consultations analyzing separating companies that construct infrastructure networks, and those who promote retail companies, as doing so might improve competitors.
Peter Nowak, vice-president of perception and engagement at TekSavvy, says the matter ought to’ve been mentioned way back.
“Within the context of structural separation, one strategy the federal government might take with the merger is to permit it, however provided that Rogers and Shaw agree to separate off their community operations into a completely separate entity,” Nowak wrote in a weblog post on the corporate’s web site.
“This might set the desk for a brand new and extra aggressive telecommunications market in Canada, with different huge firms following go well with both voluntarily or via authorities necessities.”
Supply: The Globe and Mail