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New owners likely – Metro US

New owners likely

Consumers will likely see little immediate change but the face of Bell Canada could dramatically change as the prospective new owners of BCE Inc. attempt to recoup their $52-billion investment from the takeover.

Former Telus executive George Cope, who has been tapped to replace Michael Sabia as chief executive of the privatized giant, is expected to move quickly to take decisive action formulated in plans developed since the takeover was first announced nearly a year ago.

Eventually, assets such as satellite division Express Vu could be sold, costs cut and regional phone and Internet operator Bell Aliant sold or repurchased entirely.