UPDATED: Rogers' takeover of Shaw in sight as Ottawa approves Quebecor's purchase of Freedom Mobile
would allow Rogers to conclude its $26-billion takeover of Shaw, a tortured process that has lasted a year longer than the Toronto-based telecommunications giant originally expected.that Rogers and Shaw set to conclude their agreement — the fourth since the original deadline of the second quarter of 2022.Article content
The sight of Shaw being absorbed by one of the Big Three telecommunications companies renewed concerns about competition in the market for cellular services. The government insisted on conditions and the Competition Bureau mounted a vigorous — but ultimately unsuccessful — attempt to block the takeover in court.
The Globe reported that Champagne’s approval of the Freedom sale would come with conditions, but didn’t say what they would be.
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