Industry analysts are questioning Shaw’s willingness to invest in Freedom Mobile’s future as the Competition Bureau moves to reject a proposed $26-billion merger with Rogers
, which would combine two of the country’s largest cable networks. The regulator said in documents filed with the tribunal that the merger has already reduced wireless competition and would result in higher cellphone bills.
Consumer advocate John Lawford, executive director of the Public Interest Advocacy Centre, said that if the family wants to get out of the sector, it could do so without creating competitive concerns, by selling its controlling shares on the public markets. The competition watchdog also argued that Freedom was gaining significant market share before the merger was announced, and that separating it from Shaw’s network infrastructure would hurt its competitiveness by removing its ability to offer bundled services.
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