Timeline: Canada gives final nod on C$20 bln Rogers-Shaw merger

Indonesia Berita Berita

Timeline: Canada gives final nod on C$20 bln Rogers-Shaw merger
Indonesia Berita Terbaru,Indonesia Berita utama

Canada on Friday gave the final approval for Rogers Communications Inc's C$20 billion ($15 billion) buyout of Shaw Communications Inc , clearing the deal that will create the country's No. 2 telecoms company.

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The green light came as Minister of Innovation, Science and Industry Francois-Philippe Champagne agreed to the transfer of wireless licenses held by Shaw's

Freedom Mobile unit to Quebecor IncReporting by Yuvraj Malik, Aditya Soni, Tiyashi Datta and Ananya Mariam Rajesh in Bengaluru; Editing by Sriraj Kalluvila and Arun Koyyur

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Thats why we pay as much as 300% more than other nations for the same service. Monopolies. They pay gov officials off to make sure they have no competition.

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