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Cornerstone Blog Quebecor CEO eyes Freedom Mobile to expand outside Quebec

Quebecor CEO eyes Freedom Mobile to expand outside Quebec

June 30, 2021 by Cornerstone International Group

The head of Quebec telecom giant Quebecor Inc. is reiterating his desire to expand the company’s footprint outside its home province.

In an interview Thursday, Quebecor President and Chief Executive Officer Pierre Karl Péladeau said his firm is ready to engage in talks with Rogers Communications Inc. if the company is compelled by regulators to divest Freedom Mobile as a part of its deal to purchase Shaw Communications Inc.

Peladeau said he thinks divesting Freedom Mobile would “be one of the best prospects” for Rogers’ management if the company wants to close its takeover of Shaw as quickly as possible.

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