Microcell says shareholders in talks to buy Call-Net stake

Article Abstract:

Two of major shareholders of Microcell Telecommunications Inc of Montreal, Quebec, are in talks to acquire Call-Net Enterprise Inc's stake in the wireless phone company. Telesystem Ltd and Groupe Videotron Ltee are planning to exercise their rights of first refusal to purchase a portion of Call-Net's 11% stake which is being sold as part of its strategy to spin off the its non-core assets. Under a 30-day process, Telesystem and Groupe Videotron have until Oct 20, 1999, to exercise their rights.

United States, Microcell Telecommunicatiosn Inc., Telesysteme Ltd.

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BCI sells its stake in S. Korean firm for $1.7-billion

Article Abstract:

Montreal, Que.-based Bell Canada International Inc. has sold its 21% stake in South Korea's Hansol M.com Co. for $1.7 billion. The stake in Hansol, which is a small mobile telephone services company, was acquired by Korea Telecom Corp.

South Korea, Radiotelephone communications, Cellular and Other Wireless Telecommunications, Telephone Communication, Mobile Radio Services, Wireless communications services, Bell Canada International Inc., KT Corp., Hansol M.com Co.

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Telus grabs QuebecTel stake

Article Abstract:

Burnaby, BC-based BCT.Telus Communications Inc. acquired a 70% stake in QuebecTel Group Inc. for $585 million. BCT.Telus, which is the dominant telephone services company in Western Canada, is planning a major expansion into Quebec.

Wired Telecommunications Carriers, Telephone Communications, Telephone communications, exc. radio, Telephone services, BCT.Telus Communications Inc., TELUS Quebec Inc.

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