Will the Rogers-Shaw merger mean lower cellphone bills? Industry watchers are skeptical

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 61%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Will the Rogers-Shaw merger mean lower cellphone bills? Industry watchers are skeptical — via financialpost

If it doesn’t, Quebecor is on the hook for $25 million in penalties each year the company infringes on the agreement, up to a maximum of $200 million for the 10 years that the deal lasts. The contract also stipulates that Quebecor must invest more than $150 million to upgrade Freedom’s wireless infrastructure within two years and maintain the spectrum licences for at least 10 years.

Michael Geist, a law professor at University of Ottawa said that the contracts might help bring prices down in the short term, but that in the long term, he’s skeptical that the deal will result in meaningful change. “ have to make these investments. Assuming they do … they still have an obligation to their shareholders to generate a return,” he said.Article content

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 49. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

financialpost Of course not. Banks & telcoms are government authorized cartels.

financialpost Of course not. Our politicians sold out the public once again

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Rogers closes its $20B acquisition of Shaw - BNN BloombergRogers Communications Inc. has closed its $20-billion purchase of Shaw Communications Inc. after receiving final approval from Ottawa last week.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

Rogers finalizes $26-billion merger with Shaw after receiving government approvalRogers CEO Tony Staffieri calls it a momentous day for the company’s customers and says they will benefit from the latest services and network technology. More oligarchs for Canada. A big loss to consumers. What else is new here? I guess we all just forgot about how Canada collapsed when the Roger's monopoly on our IT backbone went down, huh? Canada loves it's monopolies. I don't know why everyone says we're capitalist. No business that isn't already established will thrive here.
출처: TorontoStar - 🏆 60. / 55 더 많은 것을 읽으십시오 »