“The proposed remedy would create an entity with less competitive strength than Shaw prior to the initiation of the merger,” he said. Quebecor Inc.’s Vidéotron subsidiary is in the process of acquiring Shaw’s Freedom Mobile for $2.85 billion.
Davies, who has a business and technology expertise in mobile and digital domains, said Shaw’s ability to compete strongly and evolve its network came to “more or less a dead halt” after its merger with Rogers was announced in March 2021. Shaw was ready to deploy 5G but due to the announcement, Shaw could not participate in the spectrum auction and stopped migration to 5G, he added.Article content
He said the merger will greatly reduce Freedom’s competitiveness as a wireless business due to weaker product offerings, target customer base and distribution, loss of economies of scale, lack of access to Wi-Fi hotspots and reduced ability to differentiate on the basis of reliability. A combined Freedom-Vidéotron would also lose distribution advantages Shaw-Freedom had, said Davies. These include losing access to Shaw’s mobile business physical distribution channels, digital channel and brand awareness, he said.
It’s not competitive now
Uh oh… don’t tell the convoy crowd. 😉
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:
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.
Quebecor did not want Shaw Mobile’s “heavily subsidized” customers in deal to acquire Freedom MobileUse of Shaw Mobile brand as a way of retaining internet and cable customers does not fit Quebecor business model, Videotron executive tells Competition Tribunal
Source: globeandmail - 🏆 5. / 92 Read more »
Rogers-Shaw merger would make Freedom less competitive, tribunal toldQuebecor Inc.’s Vidéotron subsidiary is in the process of acquiring Shaw\u0027s Freedom Mobile for $2.85 billion. Read more.
Source: calgarysun - 🏆 63. / 52 Read more »
Freedom would be less competitive after Rogers-Shaw merger, expert tells tribunalQuebecor Inc.’s Vidéotron subsidiary is in the process of acquiring Shaw\u0027s Freedom Mobile for $2.85 billion. Read more.
Source: financialpost - 🏆 7. / 85 Read more »
Freedom would be less competitive after Rogers-Shaw merger, expert tells tribunalQuebecor Inc.’s Vidéotron subsidiary is in the process of acquiring Shaw\u0027s Freedom Mobile for $2.85 billion. Read more. They had to hire an expert to tell them that? I wonder whose cousin he or she was. You needed an expert to tell you that?
Source: nationalpost - 🏆 10. / 80 Read more »
Sale of Freedom to Videotron would weaken company, Competition Tribunal hears - BNN BloombergA consultant says selling Freedom Mobile to Quebecor-owned Videotron would lessen competition in the telecom market in arguments before the Competition Tribunal about Rogers' $26-billion proposed takeover of Shaw. Stay out of capitalism, commies.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Rogers, Shaw merger will hurt low-income Canadians the most, tribunal hearsAn economics professor says the big winners of Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc. would be the telecoms' families and that low-income Canadians would be hit the hardest. How exactly? Rogers plans are cheaper than Shaws on almost everything. Shaw seems to raise their prices every 2 months. Flapjack92 Excuse to raise prices & fees !
Source: CTVCalgary - 🏆 26. / 68 Read more »