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“BELUS” not happening anytime soon

bellusimageEver since the $52 billion failed BCE buyout happened last month, there’s been rumour of Bell and TELUS joining forces and controlling about 60% of the Canadian wireless market.

Scotia Capital analyst John Henderson said “A new head of the Competition Bureau this month makes it less likely in our view that BCE or TELUS will consider proposing a merger in the near term”.

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