Shaw

  Rogers, Shaw and Quebecor announced on Friday they have signed a deal for the sale of Freedom Mobile to the latter, making their initial $2.85 billion agreement from mid-June now official. The deal is subject to regulatory approvals and the closing of the Rogers-Shaw merger. According to all three telcos, the deal "provides the...

Quebecor CEO Pierre Karl Péladeau finds it "incomprehensible" that the Competition Bureau is opposed to the company's proposed acquisition of Freedom Mobile from Rogers and Shaw — reports The Globe and Mail. Back in May, the Bureau petitioned the federal competition tribunal to block Rogers's proposed $26 billion acquisition of Shaw. Canada's competition watchdog argued the...

Rogers on Thursday filed an official objection to the Competition Bureau's request to delay a tribunal hearing into the company's planned $26 billion CAD acquisition of Shaw Communications — reports Reuters. Back in May, the Competition Bureau petitioned the federal competition tribunal to block the Rogers-Shaw deal over concerns it would decrease competition in Canada's...

Rogers and Shaw announced on Wednesday the merger deadline for its $26 billion deal has been extended to December 31, 2022, saying the change is "demonstrating their commitment to completing this transformative combination." An option to further extend the date to January 31, 2023, is available once Rogers has financing available for the deal. Both...

The Competition Bureau said in a Friday statement that the proposed sale of Freedom Mobile to Quebecor does not alleviate all of the regulator's concerns regarding Rogers's planned $26 billion CAD takeover of Shaw Communications — reports Reuters. Canada's competition watchdog said it does not have enough information to approve the Freedom sale at this...

According to Ookla’s Q2 Market Analysis report on internet speeds in Canada, Telus provided the fastest mobile internet to Canadians during Q2 2022 with a median download speed of 79.09 Mbps. Interestingly, Ookla only tested national mobile operators for Q2, leaving out regional providers like Freedom Mobile, Videotron, and Fido. Telus topped rivals Bell and Rogers...

Quebecor is looking to join forces with Rogers and Shaw Communications in their ongoing battle against the Competition Bureau for approval of their planned $26 billion CAD merger, according to a motion filed on Friday (via The Financial Post). If the motion passes, Quebecor's cable and wireless operator, Videotron, will be able to argue in favour...

Rogers and Shaw Communications have failed to alleviate the Competition Bureau's antitrust concerns over their proposed $26 billion CAD merger during negotiations (via BNN Bloomberg). "The early mediation between Rogers Communications Inc., Shaw Communications Inc., and the Commissioner of Competition on July 4 and July 5, 2022, did not result in a resolution of the Commissioner’s...

Shaw Business has launched Fibre+ Gig 2.0 today for customers in Western Canada, available today. “Businesses are more connected today than ever before, and with more technology powering their front and backend operations, they need access to fast and reliable internet services that can keep pace with their needs,” said Katherine Emberly, President, Business, Shaw...

Rogers and Shaw on Friday announced an agreement with Quebecor to sell Freedom Mobile to the latter for $2.85 billion. The pair are divesting Freedom Mobile to sway regulatory approval for their proposed $26 billion merger. Rogers' planned takeover of Shaw is being held up by the Competition Bureau, while the Ministry of Innovation, Science...

After Rogers announced on late Friday it had agreed to sell Shaw’s Freedom Mobile to Quebecor for $2.85 billion, reaction from analysts on Monday suggest the move has likely increased the chances of the Rogers-Shaw merger getting approved by regulators. According to a compilation of analyst commentary from Canaccord Genuity, Desjardins Capital Markets and National...

Rogers is still poised to gain almost half a million new wireless subscribers from its proposed $26 billion acquisition of Shaw Communications Inc., despite selling Shaw-owned Freedom Mobile to Quebecor — reports The Globe and Mail. Rogers, Shaw, and Quebecor last week announced they had struck an agreement for the Quebec-based telecom operator to purchase...