News Formal

Rogers hires former industry minister as Shaw integration gets underway - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 50%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Rogers Communications Inc. hired Navdeep Bains, a former cabinet minister turned banker, to an executive role as the wireless and cable firm begins to absorb the assets of Shaw Communications Inc.

Bains, who served as Prime Minister Justin Trudeau’s first minister of industry, will be Rogers’ chief corporate affairs officer. He’s joining Rogers from Canadian Imperial Bank of Commerce, where he took an investment banking role after leaving politics in 2021.

Champagne approved the deal after Rogers agreed to put a number of pledges in writing, including a promise to spend at least $2.5 billion to expand 5G wireless coverage in Western Canada over five years and another $3 billion in other investments, in its cable network. Rogers faces potential fines of as much as $100 million a year if it breaks those commitments.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 83. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Navdeep Bains to join Rogers as company unveils new executive teamThe team charged with combining two of the country’s largest telecom companies also includes a senior executive from Shaw Communications
Källa: globeandmail - 🏆 5. / 92 Läs mer »