Update: No BCE bid coming from Telus; company dumping support for altered spectrum auction

VANCOUVER – Telus has decided not to try and buy Bell Canada after all right now – and it will re-revise its official opinion on the advanced wireless spectrum auction. After less than a week of angst and speculation and polls and Telus CEO Darren Entwistle attempting to sell such a merger to the country as a "Canadian strategy" the company announced this morning that it has elected not to submit an offer to acquire BCE by the 9 a.m. deadline this morning. "The inadequacies of BCE's bid process did not make it possible for Telus to submit an offer,"...