Rogers has publicly pledged to sell Shaw’s entire wireless operation and assets, which operate under the banner Freedom Mobile
“Rogers and Shaw have with parties interested in acquiring Shaw’s Freedom Mobile wireless business and have claimed that such divestiture would eliminate any substantial lessening or prevention of competition resulting from the proposed transaction,” said the filing with the Competition Tribunal. “However, the divestiture proposed is not an effective remedy for the competitive harm the Proposed Transaction has caused and will likely continue to cause.
Xplornet is owned by private equity firm Stonepeak Infrastructure Partners, and the Aquilini family owns the Vancouver Canucks among its varied holdings. In arguments filed with the tribunal, the Competition Bureau alleges that removing Shaw, which entered the wireless market in 2016, as a competitor threatens to undo the “significant progress” made by introducing more competition into the concentrated wireless services market.Article content
“Persistent intervention by regulatory authorities since 2008 to stimulate competition through measures such as licencing new spectrum acquisitions have finally yielded benefits to Canadians as a result of entry and expansion by … Shaw Communications Inc.,” the filing said, noting that the cable and wireline operator’s path into mobile operations came through a 2016 acquisition.
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