OTTAWA – The Competition Bureau is asking Canadians for their thoughts on BCE’s proposed deal to buy Manitoba Telecom Services.
The federal regulator is reviewing the proposed takeover as well as a side agreement that would see BCE sell a portion of the MTS wireless business to Telus (TSX:T).
The bureau says comments can be shared with the regulator through its website.
BCE (TSX:BCE) announced an agreement last week that it would buy MTS (TSX:MBT) in an offer that valued the company at $3.9 billion, including debt.
The deal would also see BCE sell about one-third of Manitoba Telecom’s monthly contract wireless customers and one-third of the MTS stores in Manitoba to Telus.
The Competition Bureau is reviewing the deal to see if it is likely to substantially lessen or prevent competition.