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Industry minister to deliver Rogers-Shaw update at press conference today

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Federal Industry Minister François-Philippe Champagne is set to make an announcement this morning about Rogers Communications Inc.'s proposed $26-billion purchase of Shaw Communications Inc.

A senior government official, speaking on the condition they not be named in order to discuss matters not yet made public, says the minister will discuss the transfer of wireless licences at a news conference before the stock market opens.

The deal was first announced more than two years ago and has been awaiting regulatory approval since then. A full-scale purchase of Shaw by Rogers raised competition concerns, and the original deal has been revised to include the sale of Shaw's Freedom Mobile to Quebec-based Videotron.Champagne must allow the transfer of Freedom's wireless spectrum to Videotron before Rogers can complete its sale.The deal was originally slated to close by June 2022. Rogers and Shaw have delayed that date several times, most recently to March 31.

 

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All blabber and no substance for consumers. They know that Canadians will pay through the nose

Your a piece of work…just like Guilbeault. Ford will confirm this!

In my head each and every customer is a shareholder. Without customers Rogers wouldn't be worth what they are selling. A serious poll should have been conducted to consult with ALL SHAREHOLDERS. They are kidding themselves should they imagine ignoring this fact will lead to…

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Industry Minister Champagne to rule on Rogers-Shaw takeover FridayOttawa’s approval would allow the transfer of Shaw’s wireless licences to Quebecor’s Videotron Government has abdicated their responsibilities They paid him off, no doubt. Unfortunately for Rogers, they’re still stuck operating in Canada.
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Morning Update: Rogers takeover of Shaw set to go ahead with Industry Minister’s approval of Freedom Mobile dealFederal Industry Minister François-Philippe Champagne is expected to approve the transfer of Shaw’s wireless licences to Quebecor’s Videotron with a number of conditions attached No doubt it will go ahead.
Källa: globeandmail - 🏆 5. / 92 Läs mer »