TeleGeography Logo

Bell Aliant gets approval to de-list Bell Nordiq

19 Jan 2007

Bell Nordiq Income Fund unitholders have approved an offer by Bell Aliant Regional Communications Income Fund to de-list its subsidiary income fund. A total of 99.8% of all votes cast and 99.3% of votes cast by minority unitholders approved the move. Bell Nordiq will be de-listed from the Toronto Stock Exchange as of 30 January, dependent on all conditions being satisfied by 22 January, the funds said in a statement. According to TeleGeography’s GlobalComms database, Bell Canada Enterprises (BCE) Inc owns approximately 45% of Bell Aliant, which in turn owns 63.3% of Bell Nordiq Income Fund. Bell Nordiq operates in northern parts of Ontario and Quebec, where it holds 63.3% interests in both Telebec and NorthernTel, including the cities of Val-d’Or, Rouyn-Noranda, Bécancour, Timmins and New Liskeard. At the end of September 2006 the sister telcos had 251,877 local lines, 42,199 broadband subscribers and 86,000 wireless users.

Canada, Bell Aliant

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.