Saskatchewan’s provincially owned telecommunications company says it has strategies to address regulatory, competitive and financial risks it faces with Bell Media’s proposed takeover of Manitoba Telecom Services.
SaskTel says the Manitoba-Bell deal, if approved, does represent risks for SaskTel going forward.
The company says most of the risks existed before the deal and have already been thought through.
However, SaskTel also says that in several cases the risk has grown larger.
A risk assessment released in June said the takeover poses serious risks to SaskTel, such as making it costlier for the Crown corporation to expand its wireless spectrum.
The assessment also said establishing Winnipeg as a western headquarters for Bell could lead to an erosion of SaskTel’s share of the Saskatchewan business market.
(The Canadian Press)