Compact-esque LG Reveal and Shimmer Kit primping for Bell launch
[Via mobilesyrup]
Posts with tag Bell Mobility
The Storm's a lock for Verizon stateside, but we're hearing the battle for the jewel in RIM's crown is far from over north of the border -- which would actually make a whole lot of sense, considering that we haven't yet heard anything definitive from any of the carriers up there. Telus is said to have tried to lock up the deal out of the gate, but Bell jumped in, upped the ante, and currently has the high bid for an exclusive Storm launch. Our tipster says "this won't be over any time soon," so we've got to ask: any Bell or Telus subscribers out there want to kick in some cash to get it on your network?
Now that literally everyone on the planet except Bell and Telus themselves has accepted that the Canadian carriers are moving away from CDMA, the rumors are really starting to heat up -- and there's a twist this time around. Rather than wait for LTE, the Financial Post is reporting that Canada's two CDMA giants will proceed directly to HSPA posthaste, dropping $1 billion in the process to try to get a network up and running in just one year's time. Furthermore, they won't be trying to outbuild one another; instead, FP's sources report that Bell and Telus will be partnering in an effort to take the Rogers juggernaut head-on. It's starting to look more and more like CDMA is becoming a burden and a competitive disadvantage for the carriers that are still on it -- and if this all goes down, Rogers had better be looking over its shoulder.
Bell Mobility of Canada has announced that customers can sign up for its new unlimited data plans for $75 CAD (about $74) per month. The service is only available with wireless modems, so tethering is a negative. The data speeds are right up there with those in the States and is delivered via EV-DO Rev. A courtesy of Bell. Customers can choose between three different modems: the Sierra Wireless AC595, the Novatel U720, and the Novatel P720. Seeing how it used to cost $100 for 1GB of data, the boys and girls at Bell seem to be getting the bigger picture.
So, is Bell Canada ready for a buyout? Yep. Bell Canada's corporate baby daddy, BCE Inc., has announced that it's in talks with four companies -- three Canadian and one US -- to sell out in a deal that could ultimately fetch as much as $40 CDN (about $35) for a company that's currently trading in the $38.50 CDN range. Of course, this all runs counter to the firm denials Bell was issuing just a couple weeks back (no surprise there). Current indications are that none of the firms involved in buyout discussions are already in the wireless carrier biz, so our hopes (read: fears) of a US-Canadian supercarrier are, at least for the moment, dashed.
Whoa -- Bell Canada is looking for a buyout partner? The larger-than-life private equity firm Kohlberg Kravis Roberts & Company is rumored to be possibly looking at taking the Canadian telecom into a buyout situation. Most likely, Bell Canada wold go private and be taken off the public market completely (at least for the time being). Although current Canadian regulations may make it difficult for KKR to get its equity mitts on Bell Canada (and its wireless arm, Bell Mobility), KKR may be talking to the Ontario Teachers Pension Plan -- since that entity holds a 5% stake in Bell Canada at the moment. The number? How about $30 billion -- that is how much the deal would be roughly worth to a buyout firm. Bell Canada responded by officially stating that "there are no ongoing discussions being held with any private equity investor...and there are no plans to pursue such discussions." 





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