Bell Nordiq, TBayTel, to look at partnership

MONTREAL and THUNDER BAY – City-owned telco Thunder Bay Telephone and Bell Nordiq Income Fund have entered into a 45 day exclusivity agreement in order to look at a possible partnership. Under the terms of the agreement, TBayTel has agreed not to solicit, initiate or encourage proposals from third parties or otherwise provide information to such parties. TBayTel has also agreed to allow Bell Nordiq to carry out a due diligence review of its business. TBayTel sent out a request for proposals (RFP) looking for potential partners earlier this year. The telco wants to expand its service offering (including into...