Government won't allow Rogers to buy all of Shaw's wireless business | CBC News

  • 📰 CBCAlerts
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Ottawa won't allow Rogers to buy all of Shaw's wireless business. Industry Minister François-Philippe Champagne says he won't permit the transfer because it threatens competition and will make cellphone bills more expensive for Canadians.

·Rogers is trying to buy Shaw Communications in a $26 billion merger deal that would reshape Canada's telecom sector.

The federal government says it will block the wholesale transfer of wireless licences owned by Shaw Communications Inc. to Rogers Communications Inc. Industry Minister François-Philippe Champagne says he is concerned about the $26-billion proposed takeover of Calgary-based Shaw by Toronto-based telecom giant Rogers.

He says he won't permit the transfer of all of Shaw's wireless business to Rogers because it threatens competition and will make cellphone bills more expensive for Canadians.These are Innovation, Science and Economic Development Canada, as well as the Canadian Radio-television and Telecommunications Commission and the Competition Bureau.

The proposed deal was announced in 2021, and Rogers has said it is expected to close in the second quarter of this year

 

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

it's been since March of Last Year you mentioned telecom merger , and NOT ONE PEEP about Mintmobile and how a CANADIAN is trying to help the average Joe at 15$per month plan, yet CRICKETS from you. ~ HELLO~ LETS get the REAlL RyanReynoldsNet to share HIS THOUGHTS!

Don’t allow it. Telecommunications needs competition to keep the prices lower.

To hell with Rogers !

Competition is golden, dont let them keep prices high by buying up the small fry😬🤪

Less competition, higher prices for Canadian consumers. GordJohns AdamWalkerBC

All this cellular companies is getting more richer .. phone bills is getting more and more expensive and the consumers is suffering again and again as usual .. probably people in Canada next time need a mortgage to get cellular phone and sign a contract eh.

Videoteon said they would buy Shaw wireless

Because nobody saw the big buying out the small ever since capitalism was invented.... the question is what happens when there is nobody else to buy out?

This is not good.

I hope the government holds firm. We need more competition in that sector, not less. And Rogers has questionable billing practices to say the least.

Both companies are shit shows, (Rogers way worse than Shaw), but in the interests of the consumer, and fair competition, it should not be allowed.

Instead of encouraging competition, the government encouraging monopolies to rip off poor Canadians who are forced to pay high prices for everything

Block this merger. Both companies are already too big and powerful.

this should be rejected ... more competition and media/ content ownership options is better for consumers

Good. Let them buy the Shaw customers base, but not the spectrum and customers belong to Freedom, and was simply aquired by Shaw. New Entrants auctions have turned into absolute bullshit.

HOLY EFFFF!! They must be doing worse in the polls than I suspected. Chalk one up for the people. LPC grift taking a small hit. Historical.

Huh. They’ve always let it happen before.

Good. Freedom mobile is one of the few decent options.

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:

 /  🏆 37. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines