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Canada’s Quebecor says nearing decision on mobile expansion

01
Aug
2014

By Alastair Sharp TORONTO (Reuters) – Canadian telecom and media conglomerate Quebecor Inc says it is closing in on a decision on whether to buy up smaller competitors or team up with a partner to expand its wireless operations outside its home province of Quebec. On the companys quarterly earnings call on Thursday, executives said they are talking to several potential partners about plans to become Canadas fourth national wireless player, a move that would fulfill a key goal of the federal governments telecom policy. Montreal-based Quebecor bought wireless airwaves across much of Canada earlier this year but its services – cable TV, Internet, landline and mobile telephony – are now mostly offered in Quebec. The head of Quebecors wireless and cable arm said the company is now evaluating whether to purchase an existing network or build out a national network, and that the decision is expected in weeks or months.

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