Cable / Telecom News

UPDATED: Glentel calls Rogers’ injunction to halt Bell sale “meritless”


BURNABY - Independent wireless retailer Glentel said Wednesday that the terms of a retail agreement that it renewed with Rogers Wireless earlier this year is not enough to block its proposed sale to Bell.Rogers Communications Partnership filed an application in the Ontario Superior Court of Justice (Commercial List) against Glentel Wednesday, seeking, among other relief, to prohibit the transactions contemplated by the BCE acquisition plan of arrangement announced last month.  According to the injunction, Rogers’ retailer agreement with Glentel, renewed in July, requires Rogers' approval prior to a change of control of Glentel.  Rogers said that it has, on two...