The $26-billion proposed merger would have meant the wholesale transfer of wireless spectrum licences from Shaw to Rogers, which requires Champagne’s approval.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. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
Shaw’s ownership of Freedom Mobile has widely been seen as the main obstacle to the deal’s approval, and Montreal-based Videotron earlier this year agreed to buy it for $2.85 billion.Recommended from Editorial
financialpost . . Industry Minister Francois-Philippe Champagne seems to be so “just watch me” thrilled with himself . . beleaguered 🍁Canadian telecom consumers will eventually need to squash this little 🐜 . .
financialpost There are 4 big carriers in Québec, including Videotron, and prices are not one cent lower than in the rest of Canada. The operative word is O-L-I-G-O-P-O-L-Y
financialpost Global, go buy Shaw, your a MUCH better fit!!!! GlobalNational
financialpost ABSOLUTELY NO VALUE IN THE MERGER. For executives of the 2 companies? Sure. For shareholders? Sure. For all other Canadians? ZERO value.
financialpost So JustinTrudeau makes the monopoly even worse.😞
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financialpost Disgusting. Ottawa needs to learn to show some respect to our oligarchs. They got there fair and square through years of hard work, anti-competitive behaviour, abuse of dominance, buying out rivals and hiring top-shelf lobbyists
David_Moscrop financialpost Next steps: Have the Competition Bureau investigate them, and break them up.
financialpost Finally the feds show some spine to stand up to the telcos.
financialpost They did the right thing. Given Rogers unstable network and their incidents of failure putting more in their hands is a dangerous and security compromising situation. We need more competition not consolidation of power in the hands of a few
financialpost We need to open it up. Destroy the oligopoly. Let's bring telecom prices down!!!!
financialpost monopolies are not allowed. partnerships are. go to school ffs