Foreign telco rules expected to change

Article Abstract:

AT&T Canada Inc vice-chmn and CEO James Meenan has predicted that the foreign ownership rules covering the telecommunications industry will be overhauled in 2001 after the completion of the next round of world trade negotiations. Presently, the rules stipulate that foreign firms cannot own more than one-third of the voting shares of Canadian telecommunications firms. Relaxation of this rule is expected to result in greater inflow of foreign capital.

Canada, Government regulation (cont), Telecommunications

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Bell CEO pushes for Internet deals

Article Abstract:

Bell Canada Inc is looking for potential Internet deals to rev up its growth. According to CEO Jean Monty, the telephone company is interested in securing new sources of growth because it needs to make up for the decline of growth and falling profit margins in its traditional markets. However, Bell Canada is still studying its options, which includes purchase of a minority stake in a US online company, such as American Online Inc.

Switzerland, Animal Slaughtering and Processing, Meat Products, Bell

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