UPDATE 1-Canada's BCE says might combine with rival Telus

(Reuters) - Any merger between BCE, which owns Bell Canada, and Telus,
the country's No. 2 telephone company, would send shockwaves
through Canada's telecom industry and need Canadian government
approval because such a combination would control much of the
domestic telephone market. The two companies have a combined
market capitalization of some C$53.5 billion




In a brief statement issued on Wednesday evening, BCE said
it and Telus had entered into a mutual nondisclosure and
standstill agreement on a nonexclusive basis.


Read more at Reuters.com Mergers News