Rogers-Shaw merger will 'only help big telecoms profit more on the backs of Canadians,' NDP says

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 80 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Conservative MP Pierre Poilievre said his party \u0027will be reviewing this deal to ensure it helps create competition, affordability for Canadians, and jobs\u0027

“Big telecom companies are gouging Canadians and continuing to make massive profits in a time where most families are struggling to get by. A merger between two of Canada’s biggest providers will just make it worse,” Singh said in a statement.

The merger has three regulatory approvals to go through before it can be finalized — at the CRTC, at Innovation Canada and through the Competition Bureau.Anxiety in Alberta over $26-billion Shaw acquisition as Rogers promises jobs and investment The government said at the time they chose not to include higher-bucket data plans because prices for those plans had already fallen.Article content

After the COVID-19 pandemic began, the Liberal government began prioritizing rollouts of rural broadband connectivity, with former innovation minister Navdeep Bains telling a Parliamentary committee in November there needs to be a “balancing act” between affordability and investment. Telecom companies, including Shaw and Rogers, have been arguing that low wholesale rates for internet service would harm their investments in rural networks.

Ben Klass, a PhD candidate at Carleton University whose research focuses on the Canadian telecom industry, noted Freedom Mobile getting bought out by one of the big wireless providers would have a bigger impact than when the same thing previously happened with smaller competitors like Public Mobile and Mobilicity. Freedom Mobile currently has 1.9 million customers.

Of the three regulatory reviews, the Competition Bureau process, which looks at whether a deal could result in a substantial lessening or prevention of competition, is likely to be the most significant. The Competition Bureau could impose conditions on the deal, such as the sale of some wireless assets, though the market doesn’t currently have an obvious buyer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Obviously.... let US companies get in and let us save some $$.

Time to let the Americans in! Telecom and internet.

NDP doesn't know it's left shoe from it's right. In the case of 5g less telecoms will actually present a cheaper offer, as the cost of their equipment can be utilized more bringing their cost 🔻 which will bring our cost 🔻. The NDP is not a party known for business.

greedy rogers

'Oligarchy is a form of power structure in which power rests with a small number of people. These people may be distinguished by nobility, wealth, education, corporate, religious, political, or military control.' Oligarchy

Rogers-Shaw merger or not, Canadian internet and phone bills won’t go down. They’ll keep going up due to telecom oligopoly. More competition needed outside of the stranglehold that the telecom cartel has on Canadian’s wallets. What is happening is wrong. crtc rogers bell

Jagmeet Singh -Profits is evil ! Communism is good ! theJagmeetSingh

Roger's cable the rip off cable company

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:

 /  🏆 10. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines