Thursday, October 18, 2012
Bell Wants the Federal Government to Overturn CRTC's Astral Decision
Bell says the decision was a breach of the CRTC's Diversity of Voices policy and denies Canadians "hundreds of millions in new content funding," and "enhanced programming choice and competition."
It's in response to the CRTC earlier in the day that gave an unequivocal thumbs down to BCE Inc.'s takeover of Astral Media on Thursday, declaring in no uncertain terms the $3.4-billion deal was not good for Canadians.
The surprise announcement by the CRTC was announced after stock markets closed and marked the first major decision for newly installed commissioner Jean-Pierre Blais.