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ARCHIVED - Decision CRTC 2001-277

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Decision CRTC 2001-277

Ottawa, 17 May 2001

Ms. Pelletier
Benson Myles
Barristers · Solicitors · Notaries
Suite 900 Atlantic Place
Water Street, P.O. Box 1538
St. John's, Newfoundland
A1C 5N8

Dear Ms. Pelletier:

Re: Application No. 2001-0424-0 - Approved
Transfer of control and shares - Regional Cablesystems Inc., on behalf of Andromeda Cablevison Limited, requests authority to acquire all of the issued and outstanding shares of Andromeda Cablevison Limited, licensee of cable distribution undertakings serving Wintertown, Newfoundland.

The Commission approves the above-noted application for authority to effect a change in the effective control of Andromeda Cablevison Limited. The change in effective control will be effected through the transfer of all the issued and outstanding shares of Andromeda Cablevison Limited being transferred to Regional Cablesystems Inc. This transaction may include any internal restructuring of Andromeda Cablevison Limited.

The Commission notes that Regional Cablesystems Inc., a widely held Canadian company, will now exercise control over Andromeda Cablevison Limited. Furthermore the Commission understands, that following the transaction, Andromeda Cablevison Limited will amalgamate with Regional Cablesystems Inc.

The Commission expects the amalgamation documents to be forwarded once they become available along with an executed copy of the share purchase agreement.

The Commission will modify its ownership records to reflect the authorized ownership of Andromeda Cablevison Limited as shown in the attached appendix.

All letters of approval issued by the Commission are made available for public examination at the Commission's central office. The Commission also requires you to append this letter to your licence.

Yours sincerely,

Ursula Menke
Secretary General

Att.
c.c. Andromeda Cablevison Limited.

Appendix

Andromeda Cablevison Limited

Shareholder

Type

# held

% of vote

Regional Cablesystems Inc.

Common

100

100%

Date Modified: 2001-05-17

Date modified: