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April 26, 1992

BCE WILL TAKE A MAJOR STAKE IN EAST LONDON TELECOM’s

By CBR Staff Writer

BCE Inc’s BCE Telecom International Inc has is to buy a controlling interest in East London Telecommunications Ltd, which has six cable television franchises that put it in reach of 630,000 homes: it will buy the 45% stake held by Pacific Telesis Group Inc’s PacTel Cable, and part of Jones UK Ltd’s stake: the Bell Canada affiliate says that#200m investment is needed to achieve full potential of the systems – with telephone service, no doubt.

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