Wednesday, 23 September 2015

Allstream Sale

By the end of August 2016, who will buy Allstream?
Rogers: 30%
Telus: 10%
Bell: 10%
Some Other Company: 15%
Allstream will not be Sold: 35%
(The sale needs to receive all necessary approvals and close in order for this question to resolve.  The deal only needs to be announced by the end of August 2016; it does not to close by that date)

Manitoba Telecom (MTS) is trying to sell Allstream, a national enterprise communications company (see article here).  A previous sale to an Egyptian firm was blocked in 2013.  There are rumours that Rogers might buy Allstream.  Bell and Telus also seem to potential buyers.  Given the rumours, I think that Rogers is the single most likely buyer, followed by Bell and Telus.  It is also possible that some other company might acquire Allstream, or that MTS will fail to sell it.

No comments:

Post a Comment