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The chief executives of Rogers Communications Inc. and Shaw Communications Inc. told MPs today that they believe every Canadian will benefit from a combination of their two businesses, which need to be bigger to be more competitive.
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Johnny B wrote:
The chief executives of Rogers Communications Inc. and Shaw Communications Inc. ........ believe every Canadian will benefit from a combination of their two businesses, ...........
Meanwhile reliable sources report that the Sun will set tonight and rise tomorrow.
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JR Shaw passed away one year ago and it’s time for the kids to cash in.
This is more of the same old, same old, spin we always hear about Canadian telecom needing to "grow" in order to compete in the world markets. They really need to "grow" because their old, outdated cable TV business has no growth. Shaw can't go east and Rogers can't go west (although they each had operations in those respective territories years ago). The broadcast business is stagnant too. (I won't mention the sports business). What to do?
5G? It's gotta come, just like 6G, but again lots of marketing spin. I guess everyone forgot all the talk about the need to move on from "3G" to the wonders of "4G" 10 years ago.
Freedom Mobile is a key element in this deal but hey, if you promise to roll out 5G and serve rural communities, they just might get approval.
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It seems like only yesterday when there was a "Who should own Hamilton's Mountain Cable" issue.
A merge sure ends that one! lol
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In Phase wrote:
Freedom Mobile is a key element in this deal but hey, if you promise to roll out 5G and serve rural communities, they just might get approval.
Monopoly is monopoly. If Rogers can own Freedom, why not just get the freedom (no pun intended) to own Telus while they're at it? A Rogers/Bell world. Even if that will never happen, a Rogers/Telus/Bell world is bad enough.
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Radiowiz wrote:
In Phase wrote:
Freedom Mobile is a key element in this deal but hey, if you promise to roll out 5G and serve rural communities, they just might get approval.
Monopoly is monopoly. If Rogers can own Freedom, why not just get the freedom (no pun intended) to own Telus while they're at it? A Rogers/Bell world. Even if that will never happen, a Rogers/Telus/Bell world is bad enough.
Mono = 1.
Anyway, such things are looked at in terms of market share. Rogers ending up with Freedom has a very different effect than Rogers ending up with Telus (or Freedom + Telus).
One can disagree about how much is too much (and I don't think Rogers should be allowed to keep Freedom) but those are very different scenarios.
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RadioAaron wrote:
Mono = 1.
In proper English, Mono = 1 indeed.
There is still a severe lack of choice as is.
The better choice of words is OLIGOPOLY.
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Radiowiz wrote:
RadioAaron wrote:
Mono = 1.
In proper English, Mono = 1 indeed.
There is still a severe lack of choice as is.
The better choice of words is OLIGOPOLY.
So yes,
Oligopoly is oligopoly.