Rogers Communications Inc. has closed its $26\u002Dbillion purchase of Shaw Communications Inc. after receiving final approval from Ottawa last week
We apologize, but this video has failed to load.In approving the deal, Champagne announced 21 conditions that Rogers and Videotron must adhere to, including Rogers establishing a second headquarters in Calgary and adding 3,000 new jobs based in Western Canada.
Videotron must offer plans that are at least 20 per cent lower than its competitors and spend $150 million over the next two years to upgrade Freedom Mobile’s network. “We are very pleased to be closing the acquisition of Freedom Mobile today, bringing its Canadian footprint as well as the expertise and experience of its employees into our fold,” said Quebecor president and CEO Pierre Karl Peladeau in a press release.
Champagne also announced his department would not allow any further transfers of wireless spectrum until it completes a review of Canada’s spectrum transfer framework.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rogers finalizes $26-billion merger with Shaw after receiving government approvalRogers CEO Tony Staffieri calls it a momentous day for the company’s customers and says they will benefit from the latest services and network technology.
Read more »
Rogers finalizes $26-billion merger with Shaw after receiving government approvalRogers Communications Inc. has closed its $26-billion purchase of Shaw Communications Inc. after receiving final approval from Ottawa last week.
Read more »
Rogers finalizes $26-billion merger with Shaw after receiving government approvalRogers Communications Inc. has closed its $26-billion purchase of Shaw Communications Inc. after receiving final approval from Ottawa last week, bringing to an end two years of uncertainty as regulators scrutinized the deal.
Read more »
Rogers' $26-billion deal to buy Shaw closes two years after initial agreementRogers and Shaw are finally merging and telecom will have a combined total of more than 3.5 million customers for mobile services. Read on
Read more »
Rogers' $26-billion deal to buy Shaw closes two years after initial agreementRogers and Shaw are finally merging and telecom will have a combined total of more than 3.5 million customers for mobile services. Read on
Read more »
Rogers finalizes $26-billion merger with Shaw after receiving government approvalRogers Communications Inc. has closed its $26\u002Dbillion purchase of Shaw Communications Inc. after receiving final approval from Ottawa last week
Read more »