07:03:55 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,173,328
Close 2023-05-11 C$ 64.29
Market Cap C$ 58,643,623,257
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Globe says Quebecor sees BCE, Telus "dragging heels"

2023-05-12 08:44 ET - In the News

See In the News (C-QBR) Quebecor Inc

The Globe and Mail reports in its Friday edition that BCE and Telus are dragging their heels in negotiations with Quebecor regarding granting the Montreal telco access to their wireless networks, Quebecor's CEO says. The Globe's Alexandra Posadzki writes that the CRTC ruled in 2021, after a lengthy review, that BCE, Telus, Rogers and SaskTel must sell wireless network access to regional competitors that commit to building out their own networks. The rates are to be negotiated between the parties, with final-offer arbitration available if they cannot reach an agreement. The CRTC finalized those rules on Tuesday, giving companies 90 days to negotiate access agreements. The regulator said it will ensure that deals are reached quickly, and that it expects regional competitors to start selling plans in new markets shortly after those deals are in place. Quebecor chief executive officer Pierre Karl Péladeau said that although Quebecor has signed agreements with Rogers to roam on the company's network, BCE and Telus have been using "delay tactics. ... They have been dragging their feet for years in order to stifle competition," Mr. Péladeau said during the company's annual shareholder meeting on Thursday.

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