T.TSE Telus Corp. Message Board

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Gold/Mining/Energy : T.TSE Telus Corp.

T 24.65

0.0%

Dec 26 9:30 AM EST

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To: SofaSpud who wrote (48)	5/4/1998 11:56:00 PM
From: Steve P	Read Replies (1) of 107

David, interesting point re. GTE. You may be right. In addition, they are shopping around for a US long distance provider after failed MCI bid, so building up the war chest by selling its interest in BC Tel might make sense. I would think that if either Telus or BCE was interested in BC Tel, they would have the GTE ducks lined up before going public. Perhaps, BC Tel is a better long term hold than Telus. I would think that in any bidding war for BC Tel, BCE would have a larger war chest to play with. On the other hand, an argument for Telus being a more likely takeover candidate is that taking out BC Tel would not eliminate a problem partner from the consortium. Time will tell how things will develop, if at all. Interesting action in the markets today with BCE and BC Tel up 2+ % and Telus down marginally.

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