The biggest looming question is how hard the government will squeeze the company in return for its approval
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Moreover, the government would probably want Rogers to sell Freedom Mobile to an owner that has money to invest. The Shaw division has a major disadvantage: It currently runs a 4G network that’s competing with three dominant companies, Rogers, BCE Inc. and Telus Corp., that have all started 5G services.
If you consider that the deal will happen and all of the synergies that management expect will happen, the stock is definitely too cheapRogers has said it can strip out $1 billion in costs, crucial to helping the company pay down the enormous debt it’s taking on in the takeover. A Rogers spokesperson declined to comment on the ongoing regulatory process.Article content
In that deal, BCE agreed to sell parts of the business, including stores, spectrum and some customer accounts, to Telus and internet provider Xplornet Communications Inc. BCE was also required to help Xplornet in other ways, such as sharing access to cell towers.
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