Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. 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.
For the sake of comparison, the US$31-billion CP Rail acquisition of Kansas City Southern received federal and regulatory approval in less than a year. And bear in mind, this involved three countries, not one! The only outstanding piece is approval from the U.S. Surface Transportation Board expected this year. In the meantime, the companies operate as a merged entity through a trust structure created to hold the shares until the approval is granted.
The reality is that Shaw — for better or worse — did not bid on the last round of 5G spectrum licences, meaning that Freedom Mobile will be rendered a very weak option for consumers in the absence of this deal. Videotron does have those 5G licences and in a world where connectivity is critical to economic growth and boosting productivity — a fact discovered very quickly in March 2020 — a weak service provider is the least desirable outcome.
While other competitors in Canada’s telecom space see this deal through the lens of market share, which is entirely reasonable, Calgarians see the delay as a lack of understanding for what this means for Calgary.
Let's keep reposting articles until someone actually reads it .... Are you lacking content?
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: calgaryherald - 🏆 64. / 52 Read more »