Saturday, 28 May 2022

Canadian govt blocks telco sale

By Mary Lennighan, Total Telecom
Tuesday 08 October 13

State claims Sawiris-backed Accelero's planned acquisition of Allstream raises national security concerns.

MTS Allstream on Monday said it is "extremely surprised and disappointed" by the Canadian government's decision to block the sale of its Allstream unit to investment group Accelero. The government has blocked the deal "due to unspecified national security concerns&quot…

MTS Allstream on Monday said it is "extremely surprised and disappointed" by the Canadian government's decision to block the sale of its Allstream unit to investment group Accelero. The government has blocked the deal "due to unspecified national security concerns&quot…

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