In a joint press release Thursday evening, Rogers, Shaw and Quebecor Inc. said they are “disappointed” the mediation session did not yield a negotiated settlement.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
Thursday evening’s outcome comes just a few days after Industry Minister Francois-Philippe Champagne put new conditions on the deal, specifically targeting the sale of Shaw-owned wireless carrier Freedom Mobile to Quebecor’s Videotron, a key component in the proposed transaction. He also said he would “expect to see” wireless prices in Ontario and Western Canada lowered by about 20 per cent, putting them in line with Videotron’s current Quebec offerings.Quebecor agreed to buy Freedom Mobile for $2.85 billion earlier this year.
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