What matters most in the Rogers-Shaw decision: lower wireless prices and better service
It is now almost 22 months since Rogers announced its $26-billion takeover bid for Shaw – and the fact it’s taken so long to assess the deal is a clear reflection of the precarious state of competition in the telecom business.
That’s why the Rogers’ takeover of Shaw as proposed in early 2021 had an unacceptable flaw: It made no sense that Rogers should scoop up Freedom Mobile. It took a long time – more than a year – for Rogers to acknowledge this reality but it finally did in mid-2022 when it agreed to sell Freedom for $2.85-billion to Quebecor’s Videotron arm, which had a wireless market share of about 20 per cent in Quebec and was looking to expand.
The decision, effectively, is the least-bad outcome. First, Shaw appears to have given up on wireless. The company was late to the market and did not seem keen to invest a lot more money in 5G networks to keep up with the Big Three.
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Final Rogers-Shaw decision could be a political one, but Conservative stance still unknownThe final decision on the Rogers\u002DShaw may be a political one, but the Conservative position is still unknown.
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Final Rogers-Shaw decision could be a political one, but Conservative stance still unknownThe final decision on the Rogers\u002DShaw may be a political one, but the Conservative position is still unknown.
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