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Competition Bureau seeks input from Canadians on BCE deal to buy MTS

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.