BCE's planned acquisition of Montreal-based Astral Media for $3.38 billion creates an "unmatched competitor" in the Canadian marketplace that will benefit consumers, BCE's president and CEO says.
"This fits perfectly with what we are trying to do," said George Cope at a press conference Friday alongside Astral president and CEO Ian Greenberg, who will join BCE's board of directors.
"The customer wins, no doubt about it, more choice in the marketplace across this four-screen evolution and in a way, also drives the Canadian broadcast business and puts it in a stronger position in the headwinds we see in this space going forward and the opportunities we see," Cope said.
BCE, the country's largest telecommunications company, already owns Bell Media, which includes the CTV network, BNN and other specialty channels.
I did not write the above story.
I don't know if any of this is true.
But BCE just bought this blog for a pack of smokes and a bottle of Canadian Club.
And free long distance on weekends.
As a result, I am forced to carry this story.
I'm going to work for Pirate Radio