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Almost immediately after the transaction closed, Quebecor announced plans to go after its three larger wireless rivals.
In a statement, Quebecor CEO Pierre Karl Péladeau says he intends to accept the industry minister's conditions, agreeing to incorporate them in a new version of the transaction.
Peladeau, who has had connections with the soccer team through Quebecor, didn't shut the door on a possible partnership for a new stadium at some point down the line.
Quebecor, Inc is a holding company, which engages in the provision of telecommunications, entertainment, and news media and culture services.
The results follow Rogers Communication Inc.'s completion of its deal to buy Shaw Communications Inc. and Quebecor Inc.'s acquisition of Shaw's Freedom Mobile wireless business.