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Thursday, February 24, 2011

Bell Canada Enterprises in talks to buy French language TV channel V

According to,the company, which is currently in front of the broadcast regulator seeking approval of its purchase of CTV, is said to be pursuing V to gain additional French-language content as it battles with rival Quebecor for market share in this province.The purchase of CTV would give Bell ownership of RDS, which has exclusive rights to broadcast Canadiens games.

However, according to the website, Bell wants to enhance its portfolio of French language stations even farther. Mirko Bibic, Bell's vice-president of regulatory affairs, has said the company would not make another major acquisition before its purchase of CTV received approval from the Canadian Radio-television and Telecommunications Commission.

V, formerly TQS, is owned by Montreal-based company Remstar Diffusion Inc., and has struggled financially for several years. Remstar bought TQS in 2008, a year after it had filed for protection from creditors. Reached yesterday, Bell spokesperson Marie-Eve Francoeur said the company would not comment about the report.

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