Allstream

Industry Canada rejects Allstream acquisition by Accelero

Wireless antenna

The Canadian government does not appear to be fond of telecom mergers. Following its rejection of the TELUS-Mobilicity acquisition in early June, it has now denied a second deal involving a wireless carrier. Last May, MTS (Manitoba Telecom Services) agreed to sell its business services unit, Allstream to Accelero Capital Holdings for CA$520 million. Industry Canada yesterday announced that it […]