Shaw Communications
Telus Says Freedom Mobile Sale by Rogers-Shaw Will Likely Reduce Competition
Telus's President of Mobility Solutions, Jim Senko, said in an interview last week that Rogers and Shaw's proposed sale of the latter's wireless business, Freedom Mobile, to Quebecor will reduce competition in Canada's wireless market (via the Financial Post). Quebecor "doesn’t truly understand the Western markets and would have to wholesale there any kind of...
Rogers Says Competition Bureau Has ‘Obligation’ to Fast-Track Shaw Merger Hearing
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 Opposes Competition Bureau Request for More Time to Investigate Freedom Sale
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...
Rogers CEO to Meet with Minister Today Over Last Week’s Massive Outage [Update]
Industry Minister Francois-Philippe Champagne has scheduled a meeting with Rogers CEO Tony Staffieri today to seek answers for the nationwide network outage that left millions of Canadian citizens and businesses without phone and internet access on Friday — reports BNN Bloomberg. The pair will be joined by executives from other major telecom companies, and they...
Quebecor Jumping into Rogers-Shaw Antitrust Conflict with Competition Bureau: Filing
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-Shaw Mediation Talks with Competition Bureau Have Failed
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...
Rogers, Shaw Begin Negotiations with Competition Bureau for Merger Approval
Rogers and Shaw Communications are all set to begin mediation talks with the Competition Bureau for their proposed $26 billion CAD merger on Monday — reports Reuters. Canada's antitrust authority opposes Rogers's takeover of the country's fourth largest telecommunications company over fears it will reduce wireless competition and raise prices. The Competition Bureau last month petitioned...
Anthony Lacavera Urges Ottawa to Deny Freedom Mobile-Quebecor Deal
Anthony Lacavera, chairman of Globalive Capital and the original founder of Freedom Mobile, doesn't think selling the wireless provider to Quebecor Inc. will result in the "robust competition that the Canadian wireless sector desperately needs" — reports the Financial Post. Lacvaera urged Industry Minister François-Philippe Champagne and Competition Commissioner Matthew Boswell to block the sale in...
Rogers to Retain 450,000 of Shaw’s Wireless Customers, Despite Selling Freedom Mobile
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...
Competition Bureau Wants to Fast-Track Hearing on Rogers-Shaw Merger
Canada's Competition Bureau is seeking an expedited competition tribunal hearing on its case against Rogers' proposed $26 billion acquisition of Shaw Communications — reports The Globe and Mail. A spokesperson for the antitrust regulator said on Thursday that it wants to pursue an expedited process. Doing so should cut the wait time for a hearing...
Rogers Has ‘Good’ Buyers for Freedom; Bell Ghosted on Telus/Globalive Deal
Rogers Communications Inc. CEO Tony Staffieri said on Wednesday that the telecom giant has a "good roster" of potential buyers for Freedom Mobile that should alleviate competition concerns over the former's proposed $26 billion acquisition of Shaw Communications Inc. — reports The Globe and Mail. The two telcos are scrambling to dump Shaw-owned Freedom Mobile in...
Québecor Still Interested in Buying Freedom Mobile, But Has Other Options Too: CEO
Pierre Karl Péladeau, CEO of Québecor Media Inc, said the company remains "interested" in buying Freedom Mobile from Rogers Communications Inc. as he echoed the Competition Bureau's stance on the latter's proposed $26 billion acquisition of Shaw Communications Inc. during a conference call with analysts on Thursday afternoon (via the Financial Post). Péladeau said acquiring...