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View Full Version : Rogers Wireless Gets OK From Competition Bureau for Fido Takeover

Mike Temporale
11-04-2004, 04:15 PM
<div class='os_post_top_link'><a href='http://story.news.yahoo.com/news?tmpl=story2&u=/cpress/20041103/ca_pr_on_bu/rogers_microcell' target='_blank'>http://story.news.yahoo.com/news?tmpl=story2&u=/cpress/20041103/ca_pr_on_bu/rogers_microcell</a><br /><br /></div><i>"Rogers Wireless Inc. said Wednesday that the federal Competition Bureau won't oppose its friendly $1.4-billion takeover of rival Microcell Telecommunications, owner of the Fido cellphone network. ...the head of the Rogers Communications Group said last week he wouldn't consider the Microcell agreement a done deal until the Competition Bureau gave its approval. The Rogers-Microcell deal will combine the only two wireless networks that use the GSM/GPRS standard, which is used throughout Europe and many other parts of the world, but only in some North American networks."</i><br /><br />It looks like Canada will now have one less carrier to pick from. Although, I feel better about the Rogers offer than the Telus offer, I'm still not sure this is a good thing for Canadians.

Jason Dunn
11-04-2004, 09:43 PM
I can't see this being a good thing for Canada... :-(