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Stock impact report

Quebecor wants Ottawa to stop Loblaw from offering only Rogers, Bell phone products [Financial Post (Toronto, Ontario, Canada)]

Rogers Communication, Inc. (RCI) 
Last rogers communication, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.rogers.com
Company Research Source: Financial Post
The chief executive of Quebecor Inc. is urging Ottawa to intervene in what he calls an “anticompetitive” deal between Loblaw Cos. Ltd. and telecommunications services retailer Glentel that would end Freedom Mobile's presence at its supermarket kiosks. In a May 9 letter to Industry Minister Francois-Philippe Champagne and seen by The Canadian Press, Quebecor CEO Pierre Karl Peladeau alleged Loblaw “decided to prematurely terminate” a supply contract between the chain's in-store kiosks, known as The Mobile Shop, and the telecom's Freedom Mobile subsidiary. Article content Article content He said the grocer is instead partnering with Glentel, which is jointly owned by Rogers Communications Inc. and Bell Canada and operates stores such as Wireless Wave and Tbooth Wireless. While Peladeau said Loblaw has described the move as a routine decision about its store suppliers, he called it “a stratagem designed to exclude some carriers in favour of Glentel.” “We therefore appeal to Show less Read more
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