Cable / Telecom News

MTS shareholders approve BCE acquisition

WINNIPEG – MTS shareholders have voted overwhelmingly in favour of the proposed $3.9 billion acquisition by BCE.The deal was approved Thursday by 99.66% of the 43,098,172 votes cast by shareholders present in person or represented by proxy at the special meeting of shareholders held in Winnipeg."MTS shareholders have overwhelmingly supported the BCE transaction," said MTS president and CEO Jay Forbes, in a statement. "This strong support reflects the meaningful value that shareholders will receive as a result of this transaction, which also provides compelling benefits to MTS customers, employees and to the province of Manitoba. With these shareholder approvals in...