shaw

Rogers, Shaw Extend $26 Billion Merger Deadline to December

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...

Shaw Launches 2 Gbps Internet for Business Customers

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 to Enter Negotiations With Competition Bureau for Merger Approval

Rogers, Shaw Communications, and the Competition Bureau have agreed to begin mediation over the latter's obstruction of the two telcos' proposed $26 billion merger — reports Reuters. Rogers' planned takeover of Shaw is being held up by the Competition Bureau and the Ministry of Innovation, Science and Economic Development (ISED) Canada. Both authorities are opposed...

Rogers and Shaw Agree to Sell Freedom Mobile to Quebecor for $2.85 Billion

Rogers, Shaw and Quebecor announced late Friday evening the companies have agreed to sell Freedom Mobile to the Quebec-based telecom, after numerous reports the latter was in the running to acquire the wireless unit. “The proposed divestiture of Freedom Mobile to Quebecor will ensure the presence and viability of a strong fourth wireless carrier in […]

Rogers, Shaw Agree to Put Deal on Hold Until Competition Tribunal Decision

The Competition Bureau announced on Monday both Rogers and Shaw have agreed to a preliminary injunction that stops them from closing their deal, until a decision has been made by the Competition Tribunal. Earlier this month, the Competition Bureau filed an application with the Tribunal to block the Rogers-Shaw deal through a court injunction. The...

Rogers Invites Quebecor to Bid on Shaw’s Freedom Mobile: Report

Rogers has invited Québecor to join the bidding for Shaw's Freedom Mobile, which Rogers and Shaw are trying to sell in order to obtain regulatory approval for their proposed $26 billion CAD merger — reports The Globe and Mail. An unnamed source told the publication that Rogers's bankers have reached out to bankers representing Québecor. The...