The new ‘deadline’ for the Rogers-Shaw deal is as bogus as the last one
– to Feb. 17 – while pledging their commitment to the deal. And look, it didn’t collapse!
If there is a day for Minister of Innovation, Science and Industry François-Philippe Champagne to approve a hot-button takeover and draw the least amount of attention for doing so, it would be Feb. 17. As part of the proposed $20-billion deal, Rogers plans to divest Shaw’s Freedom Mobile wireless business to Quebec-based Videotron. Rogers will then grant Videotron preferential wholesale access to its wireless and broadband networks across Canada so that Videotron can offer bundled mobile and internet services outside Quebec, where it does not own facilities.
TekSavvy’s CRTC application argues that this deal violates the Telecommunications Act – specifically Section 27, which prohibits “undue preference,” in which companies grant special conditions to some carriers but not others. Given that Videotron would not be getting this special treatment if Rogers wasn’t desperately trying to get its takeover approved, it’s as clear a case of undue preference as can be.
How will the takeover look if the CRTC finds this side deal to be illegal? Would the tribunal still find that the deal won’t decrease competition if Videotron can’t offer service bundles outside Quebec at competitive rates? What happens if the CRTC pulls the linchpin out of the whole affair?
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