Will the Rogers-Shaw merger mean lower cellphone bills? Industry watchers are skeptical

If it doesn’t, Quebecor is on the hook for $25 million in penalties each year the company infringes on the agreement, up to a maximum of $200 million for the 10 years that the deal lasts. The contract also stipulates that Quebecor must invest more than $150 million to upgrade Freedom’s wireless infrastructure within two years and maintain the spectrum licences for at least 10 years.

Michael Geist, a law professor at University of Ottawa said that the contracts might help bring prices down in the short term, but that in the long term, he’s skeptical that the deal will result in meaningful change. “ have to make these investments. Assuming they do … they still have an obligation to their shareholders to generate a return,” he said.Article content

Why on Earth would reduced competition lead to lower prices

The future is wireless. Starlink

Dream on

Thanks National Post We sure would like a severe cut but CRTC officials get paid but not for performance ! Disgusting What We pay and now with Trudeau's increased costs we are desperate So FIX THEM much LOWER !

Will a monopoly result in lower prices? No one can tell.

LoL

Of course not....there is no will to lower prices, the libs like high bills, they equal higher sales taxes. Competition lowers prices not government!!

LMAO satire tweet.

Since when has a monopoly ever been attributed to lowering costs for consumers. Go ahead, I’ll wait

Only way is demand your MP let Verizon, T-Mobile and AT T in

The CRTC thought they were helping consumers when they put a max 2 years on phones. All it did was INCREASE the monthly cost, and INCREASE the cost of a phone and you have to return it u less you pay $550 🤷‍♀️🤷‍♀️ Canada is monopolized JustinTrudeau

This isn’t about lower prices for the CDN consumer, it’s about the federal liberals helping a Quebec based company expand across Canada. What’s needed is real competition for the big players in Canada, not some upstart company from Quebec.

Of course! Zero competition ALWAYS leads to lower prices.....

Is this is a serious question..there is no competition in Canadian telecoms..we are fucking suckers and just them do it to us..humiliation is Canadas real national pastime

No.

🤣🤣🤣

lol, no. There is no reason this merger should have happened.

Lol 😂

Nope!

Of course it won't.

Less competition = Higher pricing. No brainer.

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Rogers closes its $20B acquisition of Shaw - BNN BloombergRogers Communications Inc. has closed its $20-billion purchase of Shaw Communications Inc. after receiving final approval from Ottawa last week.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

Rogers finalizes $26-billion merger with Shaw after receiving government approvalRogers CEO Tony Staffieri calls it a momentous day for the company’s customers and says they will benefit from the latest services and network technology. More oligarchs for Canada. A big loss to consumers. What else is new here? I guess we all just forgot about how Canada collapsed when the Roger's monopoly on our IT backbone went down, huh? Canada loves it's monopolies. I don't know why everyone says we're capitalist. No business that isn't already established will thrive here.
Herkunft: TorontoStar - 🏆 60. / 55 Weiterlesen »