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Canada’s Rogers Communications is buying competitor Shaw Communications in a deal worth CAD$26 billion ($20.8 billion). Rogers will acquire all issued and outstanding Class A Shares and Class B ...
In retaliation for the agreement, Corus filed a complaint against Rogers with the Canadian Radio-television and Telecommunications Commission (CRTC) in August 2024, accusing the company of abusing a dominant position in the Canadian telecom market since its acquisition of Shaw. In particular, Corus accused Rogers of showing an undue preference ...
The hearing at the competition tribunal will determine whether the Rogers-Shaw merger will lessen competition in Canada's telecom sector. In its effort to win takeover approval, telecom provider ...
Rogers Communications (RCI) announces a divestiture agreement to sell Freedom Mobile to Quebecor, diminish competition concerns and speed up the Rogers-Shaw merger.
On August 1, 2022, Rogers announced that the merger was expected to be completed at the end of the year; however, on October 25, 2022, it was announced that the Rogers-Shaw merger had been rejected as proposed. [52] On January 24, 2023, Canada's Federal Court of Appeal allowed the merger to proceed. [53]
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Shaw Mobile was a mobile virtual network operator (MVNO) owned by Shaw Communications, providing services in the Canadian provinces of Alberta and British Columbia. Announced on July 30, 2020, it operated on the Freedom Mobile network, which had been acquired by Shaw in 2016. [ 1 ]
TORONTO (Reuters) -Rogers Communications Inc on Monday said it will not proceed to close its proposed C$20 billion ($15.8 billion) purchase of Shaw Communications Inc until it reaches an deal with ...