François\u002DPhilippe Champagne will approve Quebecor\u0027s purchase of Shaw\u0027s Freedom Mobile, clearing Rogers to complete Shaw takeover. Read on.
Approval of Quebecor’s purchase of Freedom Mobile likely would allow Rogers to conclude its $26-billion takeover of Shaw.When Shaw purchased Wind Mobile in 2016 and renamed it Freedom, many in Ottawa thought the Calgary-based company would challenge the dominance of Rogers, Montreal-based BCE Inc.’s Bell, and Vancouver-based Telus Corp.
Selling Freedom to Quebecor amounted to a concession by Rogers and Shaw to those in Ottawa who worried the takeover would further consolidate an industry that provides what many now view as an essential service — a service for which Canadians pay some of the highest monthly rates in the world amid limited competition.Article content
The Globe reported that Champagne’s approval of the Freedom sale would come with conditions, but didn’t say what they would be. The merger already received approval from Shaw shareholders and the Court of King’s Bench of Alberta in 2021, the Canadian Radio-television and Telecommunications Commission in March last year and the Competition Tribunal at the end of 2022, a decision that was upheld by the Federal Court of Appeal last month.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Industry Minister Champagne to rule on Rogers-Shaw takeover FridayOttawa’s approval would allow the transfer of Shaw’s wireless licences to Quebecor’s Videotron
اقرأ أكثر »
Ottawa man charged with hate-motivated assault in HintonburgOttawa police have charged an Ottawa man following an assault in Hintonburg earlier this month. ottnews
اقرأ أكثر »
Ryan Reynolds in Ottawa as Senators sale heats upRyan Reynolds is back in Ottawa as he continues his efforts to buy the Ottawa Senators.
اقرأ أكثر »
Morning Update: Rogers takeover of Shaw set to go ahead with Industry Minister’s approval of Freedom Mobile dealFederal Industry Minister François-Philippe Champagne is expected to approve the transfer of Shaw’s wireless licences to Quebecor’s Videotron with a number of conditions attached
اقرأ أكثر »
Rob Shaw: B.C. baffled by what the federal budget didn't addressHousing help was a big miss in Ottawa's spending spree
اقرأ أكثر »
Canada to approve Rogers Communications takeover of Shaw - BNN BloombergCanadian Industry Minister François-Philippe Champagne has called a news conference for Friday morning in Ottawa to announce his decision on Rogers Communications Inc.’s takeover of Shaw Communications Inc.
اقرأ أكثر »