Cable / Telecom News

Bell is looking at all options for Telesat

MONTREAL – Telesat's IPO may not go. Bell Canada Enterprises CEO Michael Sabia said this morning that while the company is still pursuing, as planned, an initial public offering on the satellite operator, it is also analyzing purchase bids from other companies. This is a different message than the one the company has officially been sending out for months. Rumors have swirled all summer and fall that Bell may sell Telesat rather than spin a part off in an IPO."We've received a great many expressions of interest on the part of other satellite companies," as well as investors' groups, Sabia...