
Last week Canadian regulators rejected the proposed purchase of Allstream by Accelero, a vehicle of the Egyptian tycoon Naguib Sawiris on national security grounds. When Verizon looked into entering the market there, they were faced with immediate and vocal objections before backing off after the Vodafone deal. So despite the supposed relaxation of foreign ownership requirements in the Great White North last year, the question now is [Read more →]