Q: Do you think that WELL is in a financial position to capitalize on Telus moving out of the Healthcare Software business. How much could Well absorb without running afoul of competition and market regulators ?
5i Research Answer:
We think WELL would be interested, but it would be a very large bite. In addition, WELL has already seen regulatory concern on parts of its business. We do not see a full purchase happening, but if WELL could buy a division or two we think that would make more sense for it (but maybe not for T).