Cable / Telecom News

Telus shareholder Mason Capital disputes Canadian analyst’s report

NEW YORK – Vocal Telus shareholder Mason Capital Management LLC is taking issue with a research report written by a well-known Canadian telecom analyst. The U.S. hedge fund distributed a public statement to Telus shareholders on Monday in response to “misleading statements” contained in a research report sent out last week by Canaccord Genuity analyst Dvai Ghose.  According to Mason, the report incorrectly states that Telus could remove the voting rights associated with Mason's voting shares of the telco in order to remedy a potential failure by Telus to meet the Canadian ownership requirements. As Cartt.ca has reported, Mason is pushing Telus for details on how...