I've heard that Bell and Telus are somehow related (owned by parent company or something like that). Can anyone verify?
In partnership with the national network.
Bell is owned by a teachers fund of some kind.
Telus is its own company.
1999 Founded: 1999 with the merger of
Telus (Alberta) and BC Tel.
In the 1999/2000 period Telus acquired through merger the high performing Clearnet Communications, a cellular company that was based in Scarborough (Toronto) Ontario, which gave it foothold in the highly competitive central Canadian market (Ontario, Quebec). Telus has signed an agreement with Nokia Siemens Networks and Huawei to create an overlay HSPA network that will run along side their existing CDMA network.
Bell Canada, commonly shortened to "Bell", is a major Canadian telecommunications company. Including its subsidiaries such as Bell Aliant, Northwestel, Télébec, and NorthernTel, it is the incumbent local exchange carrier for telephone services in most of Canada east of Manitoba and in the northern territories, and a leading competitive local exchange carrier (CLEC) in the western provinces. Bell Canada is the main remaining asset of BCE Inc. (TSX: BCE, NYSE: BCE), also known as Bell Canada Enterprises, a former conglomerate operating in a variety of businesses. On June 30, 2007, BCE accepted a bid of $42.75 per share in cash, for a total valuation of $51.7 billion, from the group led by the Ontario Teachers' Pension Plan, and including Providence Equity Partners, Madison Dearborn Partners, Merrill Lynch Global Private Equity, and Toronto-Dominion Bank. The proposed deal would have been the largest acquisition in Canadian history and the largest leveraged buyout ever. The deal was approved by BCE shareholders,Quebec Superior Court (whose ruling was overturned by the Quebec Court of Appeal, but was later upheld by the Supreme Court of Canada), and the CRTC, subject to certain conditions for its corporate governance structure to ensure that Bell remained under Canadian control. The BCE subsidiary Bell Canada has moved into new industries via new divisions such as Bell Internet, an Internet service provider; Bell Mobility, a cellular wireless service now operating in most Canadian provinces; Bell TV, one of Canada's two national satellite television providers; Bell Home Monitoring, a new division announced in February 2007; and Bell Distribution. BCE also owns 15% of CTVglobemedia, one of Canada's largest privately held media companies and owner of the CTV Television Network, the A television system, The Globe and Mail, and the CHUM Radio Network, as well as other (primarily television) media assets.
In mid 2009, BCE extended its ownership of Virgin Mobile Canada from 50% to 100%. BCE also bought The Source by Circuit City (which was renamed after the sale to The Source) and all assets of InterTAN from bankrupt Circuit City.
Source: Wikipedia.
