Competition Bureau okays Glentel sale after BCE, Rogers agree to measures to avert "significant anti-competitive effects”

OTTAWA – The Competition Bureau has reached an agreement with BCE and Rogers over the wireless rivals’ plan to jointly own independent mobile retailer Glentel's Canadian retail distribution outlets.The Bureau had previously expressed concerns that the acquisition, announced in December 2014, would likely result in a substantial lessening of competition in the wireless sector. Glentel sells wireless products and services from Bell Mobility, Chatr, Fido, Rogers Wireless, SaskTel and Virgin Mobile at 359 locations across Canada, though in the vast majority of its locations, it only offers the wireless products and services of BCE and Rogers.Under the consent agreement filed Wednesday with the...