Monday, June 25, 2007

Almost half of Canadians oppose BCE-Telus merger

(Reuters) - Last week, Telus touted the creation of a "national
champion" by proposing a takeover of BCE, Canada's largest
telecom company. Telus became the fourth party interested in
mounting a bid for Montreal-based BCE. The other three are
buyout consortiums that each include a different U.S.
private-equity firm.




The survey found that 68 percent of respondents believe the
cost of wireless services would rise and 80 percent foresee
"massive layoffs" if a merger of Telus and BCE were to take
place.


Read more at Reuters.com Government Filings News

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