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Topic: MTS sold to Bell
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Kellye

5/2/2016 7:59:55 AM
Member since:
Dec 2013
Total posts:545
MTS sold to Bell

 
 
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my thoughts

5/2/2016 8:11:47 AM
Member since:
Sep 2008
Total posts:1664
Not quite

Has to be spproved by CRTC  
 
Be interesting to see what happens with the value of shares a lot of Mts employees purchased shares  
 
Maybe we will get improved cell service

adc

5/2/2016 8:17:37 AM
Member since:
Jun 2011
Total posts:765
:.:

That's an old article from November about allstream to Zayo holdings. Here is the one about bell buying MTS.  
 
http://www.cbc.ca/beta/news/business/bce-buys-manitoba-telecom-1.3561982

RGJ8

5/2/2016 9:14:58 AM
Member since:
Dec 2015
Total posts:34
Shares

  
perhaps said "Has to be spproved by CRTC  
 
Be interesting to see what happens with the value of shares a lot of Mts employees purchased shares  
 
Maybe we will get improved cell service "

"BCE is offering $40 per share in cash or equity for the Winnipeg-based company's stock. MTS shareholders can elect to receive either cash or shares in BCE in exchange for handing over their shares in the company."

ultraguy

5/2/2016 9:27:17 AM
Member since:
Jul 2005
Total posts:1096
.

Get ready for price hikes. Cell plans in other provinces are around 50% higher because of a lack of local competition.

Adam

5/2/2016 9:58:13 AM
Member since:
Aug 2008
Total posts:14970
MTS

Wow, that's a landscape shifter though wouldn't say a complete surprise as there have been rumours as long as I can remember!  
 
Questions I'd have that folks may or may not have found answers to in stories elsewhere?...  
 
- The cell network that most folks use today is shared by MTS and Rogers. Not sure what the exact agreement is or how long-term its in place, but how does this transition to being Bell and Rogers sharing the network long-term?  
 
- Existing Bell and Telus subscribers get roaming access to the MTS/Rogers network. What kind of doors does this potentially open for existing Bell customers?  
 
- What kind of roaming and cell plan doors does this open for current MTS customers?  
 
- The MTS brand has a lot of history and clout in the province. Does it get phased out in favour of Bell, or is it kept in some way. Going to guess it in some way follows the footprint of Bell Aliant out East going by the reference to "Bell MTS" at this link http://www.winnipegfreepress.com/canada/newsalertbce-to-buy-manitoba-telecom-in-friendly-deal-worth-39-billion-377782931.html ?  
 
- Locally Bell owns two radio stations. Possible synergies on the way?  
 
- Does this set off any other kinds of sales/acquisitions? Sasktel looking awfully lonely now...  
 
- Re stock, Bell is offering to pay quite a bit more than what it's traded at for quite some time. Closing price yesterday was $32.84, a substantial pop today to the $38ish its trading at right now (15%+).  
 
- 1/3 of MTS stores will be sold to Telus. Wonder what if any local effect we might see from that?

pudds

5/2/2016 10:44:01 AM
Member since:
Jun 2010
Total posts:217
.

This is bad.  
 
In a perfect world, the CRTC would block this acquisition, but unfortunately, they've done nothing to stop the lack of competition in larger markets like Ontario, so I suspect it's fairly unlikely that we'll see them stop this takeover.  
 
Manitoba has had one of the better cell phone and internet markets in Canada (along with Saskatchewan and Quebec), thanks to the competition provided by MTS. In southern Ontario, where no regional providers exist, "The Big 3" (Bell, Telus and Rogers) control the market with strikingly similar plans and jacked up rates.  
 
Compare for example, the Rogers "Share Everything Plan":  
 
Ontario - Unlimited Canada-wide calling, unlimited texting and 1 GB of data. $80.  
 
Manitoba - Unlimited Canada-wide calling, unlimited texting and 2 GB of data. $50  
 
How about internet?  
 
MTS's mid-tier plan is 25 mbps, for $67 per month with no cap.  
 
Bell's "Fibe 25" (also 25 mbps), is $69.95 per month, with a 125 GB monthly cap.  
 
Better make sure you're happy with your current packages, because you're going to want to hang on to them for as long as you can while they get grandfathered in. You can bet money that if this acquisition goes though, none of them will be available this time next year.  
 
Stay strong, Westman Cable, you're our only hope for good internet now.

Adam

5/2/2016 11:06:22 AM
Member since:
Aug 2008
Total posts:14970
Competition

The effect on competition and rates is definitely the elephant in the room that regulators are going to have to wrestle with.  
Anyone that's had a conversation with someone in Alberta/BC/Ontario about their cell phone rates knows that we really truly do have it good in Manitoba and this effectively reduces the province from four major carriers to three. Stories out there of people that moved to Alberta but kept their Manitoba plan because of just how much they're saving. It would be hard to blame anyone that's a little skeptical about the end effect on rates we pay no matter who your carrier is.  
 
FWIW, re the link below the topic of competition was brought up with Bell's CEO. Quote noted is that he feels "The market will remain just as competitive and maybe even more as a result of this".  
http://business.financialpost.com/investing/market-moves/bce-to-buy-manitoba-telecom-services-in-3-9-billion-deal  
 
Also worth noting from the link above that it's Bell's intent to make Winnipeg its Western Canadian HQ.  
 
On the other side of the coin, when it comes to MTS I keep going back to their original access to iPhone as an example of how they were being hindered by being a smaller regional carrier. Took quite a while to eventually get a deal to offer iPhone while the larger carriers were selling it for quite some time. Having Bell behind them would put the kibosh on that kind of disadvantage with whatever tech evolutions there are going forward and hopefully for customers give the  
 
Edited by Adam, 2016-05-02 11:17:57

Adam

5/2/2016 11:48:59 AM
Member since:
Aug 2008
Total posts:14970
Release

an opinion piece that suspects increases in the province are "likely":  
http://www.michaelgeist.ca/2016/05/why-bells-plan-to-buy-mts-could-kill-the-governments-fourth-wireless-carrier-strategy/  
 
and the official press release on the deal, which includes info on $1B in investments by Bell that are planned in Manitoba over five years. Does confirm that Manitoba operations would be known as Bell MTS:  
http://www.newswire.ca/news-releases/bce-announces-agreement-to-acquire-manitoba-telecom-services-mts-577781571.html

Doug

5/2/2016 1:55:36 PM
Member since:
Mar 2005
Total posts:6738
Bad?

  
pudds said "This is bad.  
 
In a perfect world, the CRTC would block this acquisition, but unfortunately, they've done nothing to stop the lack of competition in larger markets like Ontario, so I suspect it's fairly unlikely that we'll see them stop this takeover.  
 
Manitoba has had one of the better cell phone and internet markets in Canada (along with Saskatchewan and Quebec), thanks to the competition provided by MTS. In southern Ontario, where no regional providers exist, "The Big 3" (Bell, Telus and Rogers) control the market with strikingly similar plans and jacked up rates.  
 
Compare for example, the Rogers "Share Everything Plan":  
 
Ontario - Unlimited Canada-wide calling, unlimited texting and 1 GB of data. $80.  
 
Manitoba - Unlimited Canada-wide calling, unlimited texting and 2 GB of data. $50  
 
How about internet?  
 
MTS's mid-tier plan is 25 mbps, for $67 per month with no cap.  
 
Bell's "Fibe 25" (also 25 mbps), is $69.95 per month, with a 125 GB monthly cap.  
 
Better make sure you're happy with your current packages, because you're going to want to hang on to them for as long as you can while they get grandfathered in. You can bet money that if this acquisition goes though, none of them will be available this time next year.  
 
Stay strong, Westman Cable, you're our only hope for good internet now. "

Maybe. Yet unless you lives in Winnipeg Kr Brandon overall I think not.  
 
Manitoba has a lame aresed internet connection.  
http://www.cantechletter.com/2016/05/western-canada-lags-behind-east-internet-speeds-says-study/  
 
It seems we may be five bucks or more cheaper on some plans from Rogers or whoever because of MTS but we are about the slowest web wise because of if I think.  
 
It could be argued small market and big province. Yet that applies to Saskatchewan and the territories . Rural Manitoba internet sucks plain and simple. Will Bell fix it? I doubt it but the old publicly owned MTS or the recently sold one's service record was sad. Bell can do no worse.

ultraguy

5/2/2016 2:56:22 PM
Member since:
Jul 2005
Total posts:1096
.

It's more like a 30% difference, not five bucks.  
 
That internet speed study is questionable. It basically measures what people buy, not what's available. If Manitobans only buy slow internet, then the study will reflect that. Most people that I know are perfectly happy with their 10Mbps plans, even though there are faster plans available.

pudds

5/2/2016 4:28:31 PM
Member since:
Jun 2010
Total posts:217
.

  
ultraguy said "It's more like a 30% difference, not five bucks.  
 
That internet speed study is questionable. It basically measures what people buy, not what's available. If Manitobans only buy slow internet, then the study will reflect that. Most people that I know are perfectly happy with their 10Mbps plans, even though there are faster plans available. "

It's much more than a $5 difference, we pay $30 less for better service when it comes to cell phone plans.  
 
I won't argue that our rural internet service is poor, but if you're expecting Bell to come in and improve the situation, I think you'll be disappointed.  
 
Here's an article discussing the situation in rural Ontario, from just last year:  
 
http://tvo.org/article/current-affairs/the-next-ontario/rural-ontarios-still-using-dial-up-speed-internet-heres-why  
 
It will probably sound pretty familiar to anyone living in rural Manitoba.

Doug

5/2/2016 6:07:23 PM
Member since:
Mar 2005
Total posts:6738
plan

  
ultraguy said "It's more like a 30% difference, not five bucks.  
 
That internet speed study is questionable. It basically measures what people buy, not what's available. If Manitobans only buy slow internet, then the study will reflect that. Most people that I know are perfectly happy with their 10Mbps plans, even though there are faster plans available. "

I understand it is more than five. Yet whatever deal you could weasel out of whoever Manitoba pricing through Rogers and I think Virgin and Bell on had a 5 further discount because we lived in Manitoba. A Rogers rep once told me why. Mandated?  
 
Anyways because we had MTS we received great pricing on Cells. That will be gone soon .  
 
Net speeds still is based on many things but numbers do not lie. That chart I linked to may not persuade some.  
 
I will say the rural area around Westman has poor service.

JR

5/2/2016 7:03:59 PM
Member since:
Nov 2007
Total posts:1820
...

I just hope that my Rogers plan gets grandfathered so I can continue it month-to-month when my contract expires. I currently pay about $200 per month for 3 lines, each of which has unlimited everything and share a 15GB pool of data per month. Compare that to the single line 15GB plan in Ontario that goes for $155 per month (my base single line plan is $80). The loss of MTS is going to really hurt Manitoba cell phone users. I just might have to get a new "address" in SK and a phone number there WHEN the rate hike comes.

Adam

5/2/2016 7:09:03 PM
Member since:
Aug 2008
Total posts:14970
Regional differences

Link below is a real good look at regional disparities in pricing. For comparable 5GB talk and text plans, Winnipeg averages 65.76 vs 107.50 national average in 2015!  
http://www.cbc.ca/beta/news/canada/manitoba/mts-bell-manitoba-plan-cost-rate-price-1.3562832  
 
Edited by Adam, 2016-05-02 19:10:57

3wildboyz

5/2/2016 7:29:13 PM
Member since:
May 2007
Total posts:984
Cell....

I know whenever I have had to call Rogers customer service to inquire about my plan, they are shocked to see what we get in Manitoba for what we pay. They al wished they had the same opportunities. I am assuming this is to keep them competitive with MTS, and we may see that change if MTS plans change significantly.  
 
As for Internet, we pay for the Lightning 50 plan and are lucky to get 20 MbPs download speed.

JessieJay

5/2/2016 8:25:35 PM
Member since:
Mar 2016
Total posts:285
Rogers

uh oh. I wonder what it will cost me a year from now when I need to upgrade my phone. and I do need to upgrade it-this one I have has some quirks. I have the same plan as JR except 2 phones and the rocket stick. I pay $170 with taxes i:ncluded.  
 
I don't care about MTS being gone but I won't be happy if it makes Rogers go up.

Jeff2345

5/2/2016 8:47:39 PM
Member since:
Oct 2009
Total posts:97
service

Does anyone have a bell phone?? How is their service?

my thoughts

5/2/2016 9:19:10 PM
Member since:
Sep 2008
Total posts:1664
Just wondering

Says Bell is offering 40 per share to shareholders  
Auntie has shares but hasn't received any offers from Bell  
Anyone know if they are sending out offers to purchase to shareholders

ultraguy

5/2/2016 9:39:12 PM
Member since:
Jul 2005
Total posts:1096
.liuo8787

The deal still has to be approved by government, CTRC, etc. It will probably be 2017 before Bell gets permission to purchase the shares.

braid

5/2/2016 11:34:44 PM
Member since:
Apr 2010
Total posts:5340
and

Wait for it.....an exodus of jobs heading out of Brandon...

TheAdmiral937

5/3/2016 1:01:15 AM
Member since:
Apr 2015
Total posts:31
What about FTTH?

With Bell acquiring MTS, would they possibly offer fiber-to-the-home plans? Just ran a speed test of my internet on speedtest.net and getting 11.50/DL and 1.94/UL. I was expecting around 29mbps or slightly more.

RGJ8

5/3/2016 8:13:19 AM
Member since:
Dec 2015
Total posts:34
...

  
ChrisDA said "
  
JR said "I just hope that my Rogers plan gets grandfathered so I can continue it month-to-month when my contract expires. I currently pay about $200 per month for 3 lines, each of which has unlimited everything and share a 15GB pool of data per month. Compare that to the single line 15GB plan in Ontario that goes for $155 per month (my base single line plan is $80). The loss of MTS is going to really hurt Manitoba cell phone users. I just might have to get a new "address" in SK and a phone number there WHEN the rate hike comes. "

You don't need a sk address to join sasktel. I have it and mb address. Never lived in sask. Service is better then mts ever was. "

lol what? Sasktel doesn't have a network in Manitoba. If you are roaming in Manitoba with a Sasktel phone you are still on the MTS network.

Adam

5/3/2016 8:13:35 AM
Member since:
Aug 2008
Total posts:14970
Bell/Mts

  
perhaps said "Says Bell is offering 40 per share to shareholders  
Auntie has shares but hasn't received any offers from Bell  
Anyone know if they are sending out offers to purchase to shareholders "


She won't have received anything yet. MTS has negotiated the deal and is recommending shareholders approve but there will still be more details coming along with opportunity to vote. This is from toward the end of the Bell press release:  
"A proxy circular will be prepared and mailed to MTS shareholders in the coming weeks providing important information about the transaction. MTS shareholders are expected to vote on the transaction in late June."  
 
Not sure how the timing would work but assuming all goes through there will be a choice whether to receive $40 per share or the equivalent value in Bell shares. Good thing about the latter is that like MTS, Bell has been known to maintain a quite fat dividend... 4.66% as of close yesterday. MTS is suspending their dividend but at current price with this recent run up it worked out to 3.43%.. Granted if you've held MTS longer term you might've become accustomed to 5%+  
 
Also someone above asked about upgraded internet speeds. This from the release section about investments they intend to make:  
"Gigabit Fibe Internet availability, delivering Internet speeds on average up to 20 times faster than those currently offered to MTS customers, within 12 months after the transaction closes."  
So when you account for how long this deal could take to be voted on, clear regulator, etc you could be looking at 2 years before internet upgrades... And that assumes Brandon doesn't have the typical wait while Winnipeg is setup first.

ultraguy

5/3/2016 8:38:07 AM
Member since:
Jul 2005
Total posts:1096
.

MTS already offers Fiber to the Home. Most likely, Bell is just going to up the max speed for those homes from the current 250Mbps to gigabit. MTS could have already been planning to do it. I doubt that Bell is going to start replacing copper lines any faster than MTS was.

ajax11

5/4/2016 5:16:13 PM
Member since:
May 2012
Total posts:72
when

Does anyone know when this will take affect?

JR

5/4/2016 5:41:00 PM
Member since:
Nov 2007
Total posts:1820
...

  
ChrisDA said "
  
JR said "I just hope that my Rogers plan gets grandfathered so I can continue it month-to-month when my contract expires. I currently pay about $200 per month for 3 lines, each of which has unlimited everything and share a 15GB pool of data per month. Compare that to the single line 15GB plan in Ontario that goes for $155 per month (my base single line plan is $80). The loss of MTS is going to really hurt Manitoba cell phone users. I just might have to get a new "address" in SK and a phone number there WHEN the rate hike comes. "

You don't need a sk address to join sasktel. I have it and mb address. Never lived in sask. Service is better then mts ever was. "

I know about that, but the plan I have with Rogers is better than what I can get on MTS or Sasktel. That's why I'd need the SK address - to keep a reasonably priced plan with Rogers.

Adam

5/4/2016 7:54:38 PM
Member since:
Aug 2008
Total posts:14970
When/if

At this point it's technically "if" rather than "when" since shareholders and federal regulators have to approve. They're saying they expect everything to close late this year or early next year if everything goes as expected. Until that point it's business as usual at all MTS stores including all local ones.

bailes

5/4/2016 8:53:37 PM
Member since:
Jan 2009
Total posts:64
MTS

Has anyone thought what this might mean to the employees of MTS and what their future might hold? MTS has a lot of employees. Can't imagine what's going through their minds right now!

my thoughts

5/5/2016 7:00:23 AM
Member since:
Sep 2008
Total posts:1664
Number of things

Like any other business deal of course there will likely be a few lay offs or buy out packages like they had just before they privatized lots of long term employees took buy outs and early retirement packages.  
MTS may also have a provision in the deal for its employees guaranteeing their positions for a set time just like other mergers in other businesses.  
MTS pension plans, health benefits etc for retirees and present employees will be honoured by Bell according to news reports.

 
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