Rogers' $26-billion merger with Shaw could close this year, says CEO

, which had widespread ripple effects on 911 emergency calls and electronic Interac financial transactions, was “isolated” and “small but manageable” in terms of the company’s wireless subscriber base and financials.

The July 8 service outage that directly affected 12 million Rogers subscribers came on the heels of the Competition Bureau’s announcement in May that it would seek to block Rogers’ transformational merger with Shaw after concluding the combination of the two telecom giants would lessen wireless competition and lead to higher prices for consumers.

Yikes!

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Rogers' $26-billion merger with Shaw could close this year, says CEORogers Communications Inc CEO Tony Staffieri also said financial Impact of wireless outage this summer was \u0022small but manageable.\u0022 Read on Well, ya, that's always been the case if the Commissioner changes his mind and the ISED approvals of the Videotron purchase of Freedom comes through. It's not likely, but it's *possible* it'll happen before Christmas
Source: financialpost - 🏆 7. / 85 Read more »