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CTRC approves BCE bid to acquire Astral Media
2013-06-27 22:39:00| Telecompaper Headlines
(Telecompaper) The Canadian Radio-television and Telecommunications Commission (CRTC) has approved an application by Astral Media to sell its pay and speciality television channels, conventional television stations and radio stations to BCE. The CRTC's approval comes with a number of conditions that are necessary to uphold the public interest. The application filed in agreement with the Competition Bureau included a proposal to sell ten radio stations and eleven television services as well as certain restrictions, such as a prohibition on imposing restrictive bundling requirements on providers. Following the divestures, BCE's share of the French-language television market will be 22.6 percent. In the English-language market, its share will be 35.8 percent.
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Category:Telecommunications