ARCHIVED - Broadcasting Decision CRTC 2002-153
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Broadcasting Decision CRTC 2002-153 |
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Ottawa, 12 June 2002 |
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Vidéotron ltée, on behalf of Nouco fédérale, a company to be incorporated as a first step, and on behalf of Vidéotron (Régional) ltée, as a second step. |
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Applications 2001-1295-4 and 2001-1371-2; 2001-1362-1 and 2001-1365-5 |
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Corporate reorganization - transfers of assets |
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Background |
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In Corporate reorganization modifying the effective control of certain subsidiaries of CF Câble TV inc. in order to streamline their structure, without modifying ultimate control of those companies, Decision CRTC 2001-763, 17 December 2001, the Commission approved a series of transactions as part of a multi-stage corporate reorganization proposed by CF Câble TV inc., a wholly-owned subsidiary of Vidéotron ltée, aimed at streamlining the ownership structure of the cable undertakings owned by its subsidiaries,1 while maintaining control under Quebecor Média inc. In its decision, the Commission noted that the final two stages of the reorganization would be considered at a future public hearing. This decision and Decision CRTC 2002-152, also issued today, reflect the final two stages of the reorganization. |
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The applications |
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2. |
The first application filed by Vidéotron ltée, on behalf of Nouco fédérale, a company to be incorporated, was for authority to undertake a corporate reorganization whereby Vidéotron ltée would transfer the assets of the cable distribution undertakings owned by Télé-Câble Charlevoix (1977) inc. to Nouco fédérale. |
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The second application involved the transfer of assets of those undertakings from Nouco to its parent company, Vidéotron (Régional) ltée.2 |
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4. |
The cable distribution undertakings included in these applications serve Chute-aux-Outardes, Colombier, La Malbaie, Saint-Édouard-de-Lotbinière, Saint-Gabriel (Rimouski), Saint-Siméon and Sault-au-Mouton. |
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5. |
These applications were published in Notice of Public Hearing CRTC 2001-14, 14 December 2001, relating to the Public Hearing of 18 February 2002 in Québec, Quebec. No interventions were filed in connection with these applications. |
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Conclusion |
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6. |
Since the filing of these applications, the Commission, in Revocation of the licences of exempted small cable distribution undertakings, BroadcastingDecision CRTC 2002-45, 19 February 2002 (Decision 2002-45), has exempted the undertakings serving Chute-aux-Outardes, Colombier, Saint-Gabriel (Rimouski), Saint-Siméon and Sault-au-Mouton (the exempted undertakings) from the requirement to hold a licence and, consequently, revoked the licences of those undertakings. Therefore, the undertakings serving La Malbaie and Saint-Édouard-de-Lotbinière are the only ones that are subject to Commission approval in the present case. |
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7. |
The Commission has no concerns with the current transactions. Therefore, the Commission approves the application to transfer the assets of the cable undertakings serving La Malbaie and Saint-Édouard-de-Lotbinière from Télé-Câble Charlevoix (1977) inc. to Nouco fédérale. The Commission also approves the transfer of the assets of these companies from Nouco fédérale to Vidéotron (Régional) ltée. |
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8. |
Upon surrender of the current licences, the Commission will issue broadcasting licences to Vidéotron (Régional) ltée for the undertakings serving La Malbaie and Saint-Édouard-de-Lotbinière. The licences will expire on the dates set out in the appendix to this decision, and will be subject to the terms and conditions in effect under the existing licences. |
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9. |
With respect to the operation of exempted undertakings that were exempted under Decision 2002-45, the Commission reminds Vidéotron (Régional) ltée that, in order to remain eligible for the exemption, the undertakings must meet at all times the requirements set out in Exemption order respecting cable systems having fewer than 2,000 subscribers, appended to Public Notice CRTC 2001-121, 7 December 2001. |
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Secretary General |
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| This decision is to be appended to each licence. It is available in alternative format upon request, and may also be viewed at the following Internet site: www.crtc.gc.ca | ||
| 1 The subsidiaries of CF Câble TV inc. are Vidéotron (Régional) ltée (100%), Vidéotron (RDL) ltée (100%) and Télé-Câble Charlevoix (1977) inc. (75%).002. | ||
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2 Vidéotron (Régional) ltée was created via merger on 9 January 2 |
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Appendix to Broadcasting Decision CRTC 2002-153 |
Community served |
Licence expiry date |
Application numbers |
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Chute-aux-Outardes |
*revoked |
2001-1373-8 |
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Colombier |
*revoked |
2001-1370-5 |
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La Malbaie |
31 August 2003 |
2001-1295-4 |
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Saint-Édouard-de-Lotbinière |
31 August 2002 |
2001-1371-2 |
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Saint-Gabriel (Rimouski) |
*revoked |
2001-1368-9 |
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Saint-Siméon |
*revoked |
2001-1372-0 |
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Sault-au-Mouton |
*revoked |
2001-1369-7 |
*Licence revoked by Decision 2002-45. The undertaking was exempted from the requirement to hold a licence.
Date Modified: 2002-06-12
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