13:33:40 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Quebecor Inc
Symbol QBR
Shares Issued 83,875,492
Close 2014-07-30 C$ 26.47
Market Cap C$ 2,220,184,273
Recent Sedar Documents

Globe says Quebecor mulls sweeping Wind off its feet

2014-08-01 07:41 ET - In the News

The Globe and Mail reports in its Friday edition Wind Mobile's foreign owner has put a $300-million price tag on the start-up wireless carrier. The Globe's Christine Dobby writes private-equity giant Blackstone Group LP is one of the financial firms that have considered an investment in Wind Mobile. Meanwhile, Quebecor, which recently acquired valuable spectrum licences, said Thursday it is still in talks that could culminate in it playing a role in a consolidated fourth national wireless carrier. "Everything is on the table. We continue to meet with several potential partners to assess their interest in partnering with us should we decide to consolidate the industry following positive regulatory developments," Quebecor chief executive officer Pierre Dion said on a conference call after the company reported quarterly results. Quebecor wants to know it can count on regulator-mandated low rates to roam on its competitors' national networks. A bid from Quebecor might not arrive soon enough for Wind's foreign owner, Amsterdam-based VimpelCom, which has long wanted to sell its Canadian asset and has now set a reserve price of just $300-million to purchase the company, including both its debt and equity.

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