However, National Bank of Canada analyst Adam Shine said Shaw gaining traction in the middle of the COVID-19 pandemic shouldn’t come as a surprise as people were still in their homes, using limited wireless data and that premium Shaw Internet subscribers availed themselves of bundles with a zero-dollar wireless option. He added that Shaw observed moderating demand for Shaw Mobile just over a year later, as Omicron faded and Canadians were emerging from their homes.
“ indicated that the Rogers-Shaw merger would end competition between Rogers and Shaw, but this only applies to wireless and is rendered largely moot if Freedom is sold,” Shine wrote in a note to clients late Tuesday. Miller had said that a divested Freedom Mobile, the Shaw wireless brand that is in the process of being acquired by Quebecor Inc.’s Vidéotron subsidiary, is not going to be as strong a competitor as Shaw.
The economics professor’s appearance follows days of cross-examination of executives from telecom rivals Telus Corp. and BCE Inc.’s Bell — days which mostly involved a lot of confidential, in-camera sessions. Previous witnesses include Stephen Howe, Bell‘s chief technology officer, and Telus executives Charlie Casey and Nazim Benhadid.
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