Industry minister suggests Rogers outage could weigh on $26-billion Shaw deal

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New comments from federal Industry Minister François-Philippe Champagne suggest last week’s massive outage at Rogers Communications Inc. could weigh on the telecom provider’s proposed $26-billion takeover of Shaw Communications Inc.

CALGARY - New comments from federal Industry Minister François-Philippe Champagne suggest last week’s massive outage at Rogers Communications Inc. could weigh on the telecom provider’s proposed $26-billion takeover of Shaw Communications Inc.

Champagne’s comments came the same day Rogers, Shaw and Quebecor Inc. were widely expected to reach a definitive agreement on the sale of wireless carrier Freedom Mobile — a $2.85-billion deal that was intended to help appease regulators mulling the Rogers-Shaw merger. “Negotiation of the definitive transaction documents is progressing as expected, and the parties will provide an update in due course,” said Rogers spokeswoman Chloe Luciani-Girouard in an email.

 

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In my case 5days = $11,66. Rogers shud offer waiver of monthly bill plus 2 wifi pods to each affected customer at the bare minimum. This is easily doable if d Ownership, Executive Management & Sr.Managerss forfeit their bonuses n incentives for dis year n may b the next if reqd.

Duh.

Some palms will get greased and it’ll go through.

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Industry minister suggests Rogers outage could weigh on $26-billion Shaw dealFederal Industry Minister François-Philippe Champagne says last week's massive outage at Rogers Communications Inc. will be on his mind as he weighs the telecom provider's proposed $26-billion takeover of Shaw Communications Inc. The Rogers-Shaw transaction already has approval from shareholders and the Canadian Radio-television and Telecommunications Commission, but still needs approval from the Competition Bureau as well as Champagne's department Innovation, Science and Economic Development Ca
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Rogers outage could weigh on $26B deal with Shaw, industry minister suggests\u0027This is certainly going to be on my mind, and the mind of all Canadians,\u0027 says Francois\u002DPhilippe Champagne A deal Rogers really needs cancelled now that interest rates have shot back up
Source: VancouverSun - 🏆 49. / 61 Read more »

Rogers has its work cut out for it in outage aftermath as Shaw merger deadline loomsLast Friday’s massive service outage angered customers and brought intense scrutiny from regulators and politicians. Read more. I'm sure that the rogers ceo can go have a beer with the head of crtc and smooth it over Stop this merger of shaw they messed up enough. Is enough. Is anything ever explained to or around Ottawa?
Source: nationalpost - 🏆 10. / 80 Read more »