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Bell acquires Montreal-based media company Astral

Telus has launched its LTE service in Canada, the third operator to do so in the territory

Canadian telco Bell has formally agreed to acquire Quebec’s Astral Media for C$3.38bn ($ 3.4bn), as part of efforts to bolster its position in French-speaking Canada and deliver valued content to any broadband-connected screen.

C$35bn Bell Canada takeover falls through

The proposed C$35bn (Eur21.25bn) takeover of Canadian telecoms firm BCE, which operates under the Bell Canada brand, collapsed Thursday after failing a solvency test. Potential buyers, the Ontario Teachers’ Pension Plan and a group of US private equity firms, terminated the deal when accountant KPMG warned that the Canadian firm’s huge debt load would leave [...]