Most Canadians are unhappy with both the affordability and reliability of internet service options currently available across the country, with many complaining about the lack of high-speed connectivity in some areas, according to federal research. A report by the Privy Council Office (PCO) and obtained by Blacklock’s Reporter cited research commissioned by the federal government…
Most Canadians Unhappy With Canada’s Internet Service Options, Federal Research Shows
April 10, 2023
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Industry Minister Approves Rogers’ Buyout of Shaw, With Some Conditions
Industry Minister François-Philippe Champagne has approved Rogers Communications Inc.’s $26-billion buyout of Shaw Communications Inc. with a number of conditions. Champagne’s approval of the buyout on March 31 ends over two years of the Rogers-Shaw deal moving through various regulatory hurdles after it was initially announced over two years ago. Champagne told reporters in Ottawa…
Rogers-Shaw Deal Will Disproportionately Impact Lower-Income Canadians, MPs Hear
Rogers’ planned buyout of Shaw Communications Inc. for $26 billion will have a disproportionate impact on low-income Canadians by harming competitiveness in the telecom industry, says a lawyer from the federal Competition Bureau. “We saw the impact on all consumers generally. We were concerned about all of those consumers,” said Jeanne Pratt, senior deputy commissioner of the…
Rogers Will Cut At Least 4,000 Jobs if Cabinet Approves Shaw Buyout, Claims Conservative MP
Rogers Communications Inc. will cut 4,000 to 5,000 jobs if the federal cabinet approves its attempted buyout of rival telecommunications company Shaw Communications Inc., claims Conservative MP Rick Perkins, who says he was told this information by Rogers insiders. “Successful acquisitions obviously require job cuts and generally don’t involve job increases. And Rogers told the Competition…
Canada Judge Calls Into Question Regulator’s Argument to Block Rogers-Shaw Deal
A Canada federal judge called into question the competition bureau’s argument to block Rogers Communications Inc’s C$20 billion ($14.9 billion) bid for Shaw Communications Inc as the court hearing kicked off on Tuesday. The proceeding in a Federal Court of Appeal in Ottawa is the antitrust bureau’s latest attempt to kill the deal, saying the…
Champagne’s Rogers-Shaw Decision to Come ‘Only After’ There’s Clarity in Legal Battle
Canada’s Industry Minister says he will render his decision on Rogers Communications Inc.’s proposed $26-billion purchase of Shaw Communications Inc. only after there is clarity in the ongoing legal battle. The Saturday statement from Francois-Philippe Champagne comes days after the Competition Tribunal dismissed an application from Canada’s competition watchdog seeking to block the takeover, a decision the…
Competition Bureau to Appeal Tribunal’s Decision to Allow Rogers’ Takeover of Shaw
The Competition Bureau is appealing the Competition Tribunal’s dismissal of its case against Rogers Communications Inc.’s $26-billion takeover of Shaw Communications Inc., the agency said Friday. The telecom companies said Friday that they were informed of the bureau’s intent to appeal the Tribunal’s decision, released late Thursday, as well as that the bureau will apply…
Rogers, Shaw Welcome Tribunal’s Clearing of Merger Path, Extend Closing
Rogers Communications Inc. and Shaw Communications Inc. said they welcome the Competition Tribunal’s dismissal of an effort by the Competition Bureau to block their $26-billion merger as they extended the closing date by a month, while the Commissioner of Competition said he’s considering next moves. The Competition Tribunal issued a notice late Thursday that it…
Rogers, Shaw Merger Will Hurt Low-Income Canadians the Most, Tribunal Hears
An economics professor says the big winners of Rogers Communications Inc.’s $26-billion proposed takeover of Shaw Communications Inc. would be the telecoms’ families and that low–income Canadians would be hit the hardest. Speaking before the Competition Tribunal Friday, Dalhousie University’s Lars Osberg said low–income Canadians, who are already facing inflationary pressures, will feel the most pain if…
Canada’s Rogers Posts Strong Revenue on Growth in Wireless, Media Businesses
Canada’s Rogers Communications Inc on Wednesday beat quarterly revenue estimates as the wireless carrier benefited from higher roaming charges and demand for pricier plans, while its media business got a boost from a rebound in live sporting events. The company added 164,000 monthly bill paying wireless phone subscribers in the third quarter despite decades-high inflation in…
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