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Competition Bureau approves sale of Glentel to Bell, which will sell 50% to Rogers

2015-05-06 17:36:02| Wireless - Topix.net

Mobile phone retailer Glentel Inc., operator of mall fixtures like WirelessWave and Tbooth Wireless kiosks, will be sold to BCE Inc. for $594 million after Competition Bureau approval of a takeover that faced some turbulance last year. The announcement Tuesday means that Bell will be allowed to sell a 50 per cent stake in the wireless phone retailer to Rogers Communications for half the overall purchase price.

Tags: to sale sell competition

Category:Telecommunications

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