CRTC denies Globalive call to review Telus? foreign ownership levels

GATINEAU - The CRTC has denied a request by Globalive (Wind Mobile) to review Telus’ foreign ownership. “The commission is satisfied that Telus’ mechanisms for ensuring its compliance are consistent with the provisions and requirements established,” and that it “does not consider there to be sufficient evidence of non-compliance on the record of this proceeding to warrant a review,” the CRTC wrote in its decision. Globalive requested the review claiming the carrier was in breach of regulations that prevent non-Canadians from owning more than 33.3% of the common shares of incumbent telcos like Telus. Telus reported last week that Mason...