Chief executive Pierre Karl Péladeau says selling off towers would be costly long-term if Quebecor had to pay to access its old network. Share Save for later Please log in to bookmark this story. Log In Create Free Account

Quebecor Inc.’s QBR-B-T cellphone towers are not for sale as its chief executive says the company has no intention of selling them off in the future.

Pierre Karl Péladeau says in that respect, the Quebec telecommunications and media giant doesn’t intend to follow competitor Telus – describing the tactic as a “quick-fix.”

“We don’t need to impair our future free cash flows with additional interest costs from Byzantine financial engineering structure,” Péladeau told an earnings call on Thursday.

The owner of Videotron and Fizz said the company

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