Cable / Telecom News

BCE deal going ahead: report


TORONTO – Recent market turmoil and a bondholder’s lawsuit has fueled speculation that the deal to take Bell Canada private might fall apart. No way, said Jim Leech, CEO of the Ontario Teachers Pension Plan. In a Bloomberg report, Leech insisted the $52 billion deal, led by the huge pension plan he oversees and also includes Providence Equity Partners and Madison Dearborn, is definitely going ahead. Click here for the full story.