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QX 104, FAB 94.3 to Be Sold Under Bell-Astral Deal

September 10, 2012 12:04 PM CDT | News

Bell Media plans to sell off Winnipeg radio stations QX 104 and FAB 94.3 after its takeover deal with Astral Media is complete.

Appearing at a CRTC hearing in Montreal on Monday, Bell advised a committee that it plans to release the two local stations, along with a handful of others across the country. The move would lighten Bell’s radio portfolio in the $3.4 billion Astral deal.

QX 104 is currently owned by Astral, while Bell owns FAB 94.3. Fellow Bell stations TSN Radio 1290 and 99.9 BOB FM will remain, as will Astral station 103.1 Virgin Radio.

The 10 stations Bell plans to sell are the lowest-rated properties in their market.

It wasn’t known if the stations on the selling block would be sold individually or in a bulk transaction.

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