Cable / Telecom News

Bell-CTV hearing coming February 8; Proposed benefits of $220 million


GATINEAU – The CRTC hearing into whether or not BCE can purchase CTV will begin in Gatineau on February 8, the Commission made official on Thursday.BCE is acquiring the 85% of the broadcaster it doesn’t own in a deal valued at $3.2 billion ($1.7 billion of which is debt).While the big telco “is of the view that no tangible benefits are required in the circumstances,” according to its original application, additional letters in November and December from BCE saw tangible benefits proposals go from $70.3 million and then to $220.8 million.The meeting notice said the Commission will be examining three...