Those assets, which include spectrum, could also be acquired on better terms, whether that’s price or network-sharing arrangement, or both, industry watchers say.
Quebecor, which has openly challenged the national wireless dominance of Rogers, Telus Corp., and BCE Inc.’s Bell network and pledged to bring down wireless prices for consumers as it has done in its home province of Quebec, was not seen as a favoured buyer by Rogers, a company it has tangled with in court over previous network-sharing arrangements.Article content
“We do not believe the deal is dead,” BMO’s Casey wrote. “In our view, Rogers and Shaw are highly motivated to reach a settlement with a remedy partner rather than pursue a path of litigation with the Competition Tribunal.” Xplornet, owned by private equity firm Stonepeak Infrastructure Partners, has reportedly emerged as a contender for the assets, which analysts have said could fetch up to $4 billion.Article content
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Competition challenge to Rogers, Shaw merger boosts Quebecor's chances, says industry watcherCompetition challenge to Rogers, Shaw merger boosts Quebecor's chances, says industry watcher — via financialpost Telecom Rogers Shaw
Source: nationalpost - 🏆 10. / 80 Read more »
Rogers, Shaw say merger deal to be opposed by competition commissioner | Globalnews.caIn a joint statement on Saturday, Rogers and Shaw said they were notified of the commissioner's intention to prevent the multibillion-dollar proposed merger.
Source: GlobalNational - 🏆 81. / 51 Read more »
Canada's competition commissioner to oppose $26B Rogers-Shaw merger, say companies | CBC NewsCanada's commissioner of competition intends to oppose Rogers Communications Inc.'s proposed $26-billion merger with Shaw Communications Inc., the companies said in a statement early Saturday. Good too powerful. Good job. 👏✨👍 Bribes was not big enough?
Source: CBCAlerts - 🏆 37. / 63 Read more »
Rogers, Shaw vow to fight competition commissioner's effort to block mergerThe proposed $26-billion merger between two of Canada's telecom titans has hit a new regulatory hurdle after the Commissioner of Competition has indicated it intends to block the deal. Guys rate my nude photos) if they get to do that then we Must allow more american networks for consumer protection! Phone bills suck! Contracts! Pos!
Source: CTVNews - 🏆 1. / 99 Read more »
Competition authorities 'opposing' $26-billion merger of telcos Rogers and ShawThe telcos said they remain committed to doing what’s necessary to join forces, and will oppose the competition commissioner’s application to prevent the… With no competition, you don't have choice and feel are limitless.
Source: nationalpost - 🏆 10. / 80 Read more »
Rogers, Shaw vow to fight competition commissioner's effort to block mergerThe proposed $26-billion merger between two of Canada's telecom titans has hit a new regulatory hurdle after the Commissioner of Competition has indicated it intends to block the deal. Pay attention to the fine print people - the new world order will come to is via telecommunications It doesn’t even really matter, if they merge or they don’t, it’ll stay the exact same anyway We need more cel company in Canada. Sick of bell rogers Telus paying off the crtc. Grow up Canada. More choice my choice not forced to do what we are told to use
Source: CP24 - 🏆 30. / 67 Read more »