Monty braves BCE challenge

Article Abstract:

BCE Inc. newly appointed CEO Jean Monty is facing a challenge of forging a broader vision for the next five years to make the firm more market-driven amid bolstered competition. Monty has only handled the position since May 1998 and is charged with tackling tackling a growth in industry players and technological change. He is faced with a need to boost the financial performance of BCE as an unprecedented consolidation befalls the telecommunications industry. Monty's corporate strategy is to initially get flagship unit Bell Canada, the largest phone firm in Canada from 1989 to 1992, to launch high-speed broadband networks and new-generation wireless gear.

Comment:

CEO Jean Monty faces challenge of forging broader vision for next 5 yrs to make co more market-driven amid bolstered competition

BCE Inc.

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Telus's quest to go the distance

Article Abstract:

Edmonton, Alberta-based Telus Corp.'s president and chief executive officer, George Petty Jr., has expressed optimism that the telecommunications services provider will manage to expand its operations without the need of pursuing a merger-based strategy. Petty maintains that the firm is considering other options to effect the expansion, which will enable Telus to broaden its customer base beyond the confines of Alberta and improve its financial performance. Telus, the third-largest phone services firm in Canada, negotiated for a possible merger with AT&T Canada Long Distance Services Co. until the talks were terminated in April 1998.

Comment:

Its president & chief executive officer, George Petty Jr, optimistic that co will expand even without a merger deal

Executive changes & profiles, Alberta, TELUS Holdings Inc.

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AT&T Canada, MetroNet to merge

Article Abstract:

AT and T Canada Corp and MetroNet Communications Corp have reached an agreement to merge long distance and local telephone services in a $4.9 billion deal. The new giant 'super carrier' retains the AT and T Canada name, gives MetroNet a strong brand presence and creates a listing on the Toronto Stock Exchange for AT and T Canada. The merger is expected to raise competitive pressure against other telecommunications companies.

Acquisitions & mergers, Domestic Voice Telephone Service, Domestic telephone services, AT&T Canada Corp.

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