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October 25, 2022 6:03 pm  #1


Transfer Deal Between Shaw and Rogers Denied

This was breaking news a few minutes ago on City News..


Update, the original story has been pulled, and Can Press says the approval is still possible.
https://toronto.citynews.ca/2022/10/25/canadian-press-newsalert-ottawa-rejects-original-rogers-shaw-deal-leaves-door-open/

Last edited by paterson1 (October 25, 2022 6:27 pm)

 

October 25, 2022 6:16 pm  #2


Re: Transfer Deal Between Shaw and Rogers Denied

Before this gets misinterpreted, this decision doesn't change much. Rogers had already agreed to offload Freedom; this just sets the conditions for that.

They're setting the stage to approve the overall deal.


 
 

October 25, 2022 6:42 pm  #3


Re: Transfer Deal Between Shaw and Rogers Denied

paterson1 wrote:

This was breaking news a few minutes ago on City News..


Update, the original story has been pulled, and Can Press says the approval is still possible.
https://toronto.citynews.ca/2022/10/25/canadian-press-newsalert-ottawa-rejects-original-rogers-shaw-deal-leaves-door-open/

I have contacted CityNews of why they pulled it off their site and waiting for a response.

 

October 25, 2022 6:56 pm  #4


Re: Transfer Deal Between Shaw and Rogers Denied

Here is a much more complete story from CBC.ca https://www.cbc.ca/news/politics/rogers-shaw-wireless-champagne-1.6614573

     Thread Starter
 

October 25, 2022 6:56 pm  #5


Re: Transfer Deal Between Shaw and Rogers Denied

haydenmatthews14 wrote:

paterson1 wrote:

This was breaking news a few minutes ago on City News..


Update, the original story has been pulled, and Can Press says the approval is still possible.
https://toronto.citynews.ca/2022/10/25/canadian-press-newsalert-ottawa-rejects-original-rogers-shaw-deal-leaves-door-open/

I have contacted CityNews of why they pulled it off their site and waiting for a response.

It's been replaced with one with a lot less detail:

https://toronto.citynews.ca/2022/10/25/canadian-press-newsalert-ottawa-rejects-original-rogers-shaw-deal-leaves-door-open/

CBC also edited theirs down to two lines and took out the details.
 


 
 

October 25, 2022 7:05 pm  #6


Re: Transfer Deal Between Shaw and Rogers Denied

I would draw your attention to a post I made a few hours ago, from the Minister in charge. I expressed some skepticism at the time, especially when he insists his government is dedicated to bringing down the price of Internet and cell phones. You can find his statement reproduced in full here

 

October 25, 2022 7:07 pm  #7


Re: Transfer Deal Between Shaw and Rogers Denied

     Thread Starter
 

October 25, 2022 7:08 pm  #8


Re: Transfer Deal Between Shaw and Rogers Denied

For those who missed it in an earlier thread, I received this email from the Minister in charge commenting on this. I didn't believe it when I first read that his 'government is dedicated to bringing down the price of Internet and cell phones,' since it seems the CRTC has done the exact opposite, and this latest "breaking" story does not change my mind. 

"Thank you for your correspondence, conveying your concerns regarding the proposed acquisition of Shaw Communications Inc. by Rogers Communications Inc. 

The Government of Canada has been clear that greater affordability, competition, and innovation in the telecommunications sector are critical in today’s society and economy, and these goals have been central to all our work in the sector. In this context, I share the concerns you and many Canadians have expressed regarding Rogers’ proposed acquisition of Shaw.

As Minister of Innovation, Science and Industry, and as Canada’s spectrum regulator, I am strongly committed to our policies to promote competition and ensure cell phone affordability for Canadians.

As I have indicated before, I will not permit the wholesale transfer of Shaw’s wireless licences to Rogers, as it is fundamentally incompatible with our government’s policies for spectrum and mobile service competition. With this commitment in mind, I will ensure that the interests of Canadians are at the heart of any decisions I make on this issue.

Let me assure you that I will continue to use all the tools at my disposal to fight for more choices for consumers and to make life more affordable for Canadians. Competition is a driving force behind innovation and efficiency in the telecommunications sector, and has been a central commitment of our government since day one.

Once again, thank you for writing, and please accept my best wishes.

Sincerely,
The Honourable François-Philippe Champagne, P.C., M.P."

 

October 25, 2022 7:17 pm  #9


Re: Transfer Deal Between Shaw and Rogers Denied

If Videotron gets Freedom Mobile, they will need to hold on to the company for 10 years.  Also Videotron will need to match their own lower rates in the rest of the country. Videotron wireless prices are on average 20% lower than what is offered in Ontario and Western Canada. 

     Thread Starter
 

October 25, 2022 11:21 pm  #10


Re: Transfer Deal Between Shaw and Rogers Denied

 

October 26, 2022 12:28 am  #11


Re: Transfer Deal Between Shaw and Rogers Denied

CBC video:







 

Last edited by Radiowiz (October 26, 2022 12:29 am)


RadioWiz & RadioQuiz are NOT the same person. 
RadioWiz & THE Wiz are NOT the same person.

 
 

October 26, 2022 11:28 pm  #12


Re: Transfer Deal Between Shaw and Rogers Denied

 

November 24, 2022 9:01 pm  #13


Re: Transfer Deal Between Shaw and Rogers Denied