{"id":5668,"date":"2012-06-20T18:29:09","date_gmt":"2012-06-20T22:29:09","guid":{"rendered":"http:\/\/mhgoldberg.com\/blog\/?p=5668"},"modified":"2012-06-20T18:29:09","modified_gmt":"2012-06-20T22:29:09","slug":"what-goes-around","status":"publish","type":"post","link":"https:\/\/mhgoldberg.com\/blog\/?p=5668","title":{"rendered":"What goes around…"},"content":{"rendered":"

Wind Mobile has asked the CRTC to review TELUS ownership to ensure compliance with foreign ownership limits, according to a story on Bloomberg<\/a>.<\/p>\n

Simon Lockie, the chief regulatory officer of Globalive is quoted in the story saying:<\/p>\n

WIND is bringing this application because TELUS\u2019s complicated and rarely-used measures for controlling the level of foreign ownership of its publicly-traded voting shares, along with its recent proposal to restructure its share capital by converting its non-voting shares into voting shares, raises complex and novel issues that have not been dealt with by the CRTC to date.<\/p><\/blockquote>\n

The last phrase is key to triggering a full public proceeding for the review of TELUS’ ownership In\u00a0Telecom Regulatory Policy CRTC 2009-428<\/a>, Canadian ownership and control review policy<\/em>, the CRTC wrote:<\/p>\n

the Commission will hold an oral, public, multi-party proceeding (Type 4 review) where an ownership or governance structure is of a complex or novel nature, such that in the Commission’s view its determination will hold precedential value to industry players and the general public<\/p><\/blockquote>\n

Recall that in 2009, TELUS challenged Wind Mobile’s eligibility to operate, triggering a lengthy set of CRTC proceedings including an oral hearing, and leading to the CRTC ruling against Wind Mobile<\/a>, Wind successfully turning to cabinet<\/a> and a subsequent supreme court appeal (that the Court refused to hear<\/a>).<\/p>\n

The federal government’s liberalization of the foreign ownership rules, about to go into effect, do not apply to Bell, TELUS or Rogers.<\/p>\n

So much for a quiet summer.<\/p>\n","protected":false},"excerpt":{"rendered":"

Wind Mobile has asked the CRTC to review TELUS ownership to ensure compliance with foreign ownership limits, according to a story on Bloomberg. Simon Lockie, the chief regulatory officer of Globalive is quoted in the story saying: WIND is bringing this application because TELUS\u2019s complicated and rarely-used measures for controlling the level of foreign ownership …<\/p>\n

What goes around…<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","two_page_speed":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5668","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nWhat goes around... • Telecom Trends<\/title>\n<meta name=\"description\" content=\"Wind Mobile has asked the CRTC to review TELUS ownership to ensure compliance with foreign ownership limits, according to a story on Bloomberg. 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Simon Lockie, the chief regulatory officer of Globalive is quoted in the story saying: WIND is bringing this application because TELUS\u2019s complicated and rarely-used measures for controlling the level of foreign ownership…","_links":{"self":[{"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5668"}],"version-history":[{"count":0,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5668\/revisions"}],"wp:attachment":[{"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mhgoldberg.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}