Rogers' $26-billion merger with Shaw could close this year, says CEO

  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Rogers Communications Inc CEO Tony Staffieri also said financial Impact of wireless outage this summer was \u0022small but manageable.\u0022 Read on

, which had widespread ripple effects on 911 emergency calls and electronic Interac financial transactions, was “isolated” and “small but manageable” in terms of the company’s wireless subscriber base and financials.

The July 8 service outage that directly affected 12 million Rogers subscribers came on the heels of the Competition Bureau’s announcement in May that it would seek to block Rogers’ transformational merger with Shaw after concluding the combination of the two telecom giants would lessen wireless competition and lead to higher prices for consumers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yikes!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 43. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rogers' $26-billion merger with Shaw could close this year, says CEORogers Communications Inc CEO Tony Staffieri also said financial Impact of wireless outage this summer was \u0022small but manageable.\u0022 Read on Well, ya, that's always been the case if the Commissioner changes his mind and the ISED approvals of the Videotron purchase of Freedom comes through. It's not likely, but it's *possible* it'll happen before Christmas
Source: financialpost - 🏆 7. / 85 Read more »