ARCHIVED -  Decision CRTC 96-28

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Ottawa, 24 January 1996
Decision CRTC 96-28
2535-1438 Québec inc.
Saint-Mathieu-de-Laprairie, Quebec - 951832500
Acquisition of assets
Following a Public Hearing in the National Capital Region on 30 November 1995, the Commission approves the application for authority to acquire the assets of the cable distribution undertaking serving Saint-Mathieu-de-Laprairie from Bernard Pilon, and for a broadcasting licence to continue the operation of this undertaking.
Upon surrender of the current licence, the Commission will issue a licence to 2535-1438 Québec inc. expiring 31 August 1999, the current expiry date. With the exception of the requirements stipulated in section 23 of the Cable Television Regulations, 1986 (the regulations), the operation of this undertaking will be regulated pursuant to Parts I, III and IV of the regulations. The authority granted herein is subject to the same conditions as those in effect under the current licence, as well as to any other condition that may be specified in the licence to be issued.
The price of the transaction is $106,000. Based on the evidence filed with the application, the Commission has no concerns with respect to the availability or the adequacy of the required financing and is satisfied with the benefits flowing from this transaction. Moreover, the Commission is of the view that approval of this application is in the public interest.
The Commission reminds the purchaser of its longstanding policy that subscribers should not be required to pay higher fees merely because the ownership or control of a cable system has changed hands.
Allan J. Darling
Secretary General

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