Rogers, Shaw say mediation talks with Canada’s competition watchdog failed to resolve merger objections

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

The two companies say they plan to ‘work constructively’ with commissioner to highlight the benefits of the deal

said in a statement that they are “not precluded from continuing discussions with the commissioner at any time” and “intend to continue to work constructively with the commissioner to highlight the many benefits of the merger.”

In order to address those concerns, Rogers struck a deal last month to sell Shaw’s wireless carrier Freedom Mobile to Quebecor Inc., which owns Montreal-based cable company Videotron Ltd., for $2.85-billion. Freedom is Canada’s fourth-largest carrier, with 1.7 million customers in Ontario, Alberta and B.C., and has been credited with reducing wireless prices in recent years.

 

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

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines