Freedom Mobile acquisition will help Quebecor lower prices, Péladeau tells tribunal

  • 📰 financialpost
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 85%

Canada Headlines News

Canada Latest News,Canada Headlines

Freedom acquisition will help Quebecor lower prices, Péladeau tells tribunal

, said Monday that the company “saw a business opportunity” to get its foot in the Western Canadian market when the Rogers-Shaw merger was announced, something he wrote in his witness statement.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails.

“One of the thrusts of the Commissioner ’s case over the last two weeks is that Vidéotron can not likely succeed notwithstanding its best intentions,” said John Rook, a lawyer for Vidéotron.Article content But Péladeau said Vidéotron can offer lower prices if it can grow outside of Quebec, and that there’s no other way it could buy the 1.7 million customers it would add if its purchase of Freedom Mobile closes., which was also shown during the hearing, Péladeau said his company will work “to end the reign of the ‘Big 3′” — telco giants Rogers, BCE Inc. and Telus Corp. — by promoting competition and to deliver better prices outside Quebec.

Since taking a slice of Quebec’s wireless market with lower pricing, Péladeau has been vocal about his company’s plans to compete across the country.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Freedom Mobile acquisition will help Quebecor lower prices, Péladeau tells tribunal\u0022Vidéotron needs to grow outside of Quebec if it wants to continue offering lower prices,\u0022 Pierre Karl Péladeau told a tribunal. Read more.
Source: nationalpost - 🏆 10. / 80 Read more »

Quebecor saw opportunity to expand footprint when Rogers-Shaw deal was announcedQuebecor Inc. saw an opportunity for Videotron Ltd. to expand its footprint nationally when Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc. was announced in March 2021.
Source: CP24 - 🏆 30. / 67 Read more »

Quebecor saw opportunity to expand footprint when Rogers-Shaw deal was announcedQuebecor CEO Pierre Karl Peladeau says his company, which owns Videotron, viewed the proposed Rogers-Shaw merger as a chance to potentially enter the Western Canada wireless market
Source: globeandmail - 🏆 5. / 92 Read more »

CSIS director told Trudeau invoking the Emergencies Act was 'required' to quell 'Freedom Convoy'CSIS\u0027 recommendation to invoke the Emergencies Act is a significant boost to the federal government’s case. But also admits many times that the list of legal thresholds were not met? 🤪 That testimony from the CSIS head gives good cover to PMJT for invoking of the E.A. Was necessary in order to violate rights and quash an otherwise legal protest. Fucking fascists.
Source: OttawaCitizen - 🏆 21. / 68 Read more »

Border blockades tipped ‘Freedom Convoy’ protests into national security threat, Bill Blair tells inquiryThe protests that blocked border ports of entry tipped last winter’s convoy blockades from lawful demonstrations into a national security threat, Emergency Preparedness Minister Bill Blair says. Stuttering, bumbling Billy Carry that water boys and girls!
Source: TorontoStar - 🏆 60. / 55 Read more »

CSIS director told Trudeau invoking the Emergencies Act was 'required' to quell Freedom ConvoyCSIS\u0027 recommendation to invoke the Emergencies Act is a significant boost to the federal government’s case. David Vigneault stated that “in his opinion”! In other words, if you hold a position in public administration you can express Opinions & thus suppress all civil rights, disregarding the law. Nice, oppress ppl just because your opinion is above the law.! The only thing the “ fake trucker” convoy had to do with freedom is it took the freedom away from real Canadians to travel freely in their capital city and cross the USA border. Oh and cost Canada billions! Don’t call it a freedom convoy. Look at his lying face.🙄
Source: calgaryherald - 🏆 64. / 52 Read more »