Free cash flow from Shaw wireless 'consistently negative' since 2016, merger tribunal hears

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Shaw Communications is currently in the process of selling Freedom Mobile to Quebecor\u0027s Vidéotron for $2.85 billion. Read more.

Testifying before the three-member tribunal on Tuesday, Shaw chief financial officer Trevor English, in a witness statement shown during the hearing, said the company uses this measure to assess its ability to repay debt and pay dividends to shareholders.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

| 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try againOn Monday, English told the tribunal that, to date, Shaw has not been able to realize a reasonable return on its $4.

 

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Free cash flow from Shaw wireless 'consistently negative' since 2016, merger tribunal hearsShaw Communications is currently in the process of selling Freedom Mobile to Quebecor\u0027s Vidéotron for $2.85 billion. Read more.
Source: financialpost - 🏆 7. / 85 Read more »

Rogers, Shaw families stand to be 'big winners' of merger, Competition Bureau expert tells tribunalRogers\u0027 lawyer notes CRTC approved deal after considering impact on different stakeholders And digital users will be 'Big Losers' if CompetitionBureau makes wrong decision🤔 BigTeleCom Since when has a monopoly ever been good for the people?
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