Advanced Television

Shaw

Rogers/Shaw merger gets green light

François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, has given the go-ahead, subject to a number of conditions, for the C$26 billion (€21.8bn) merger of multiplay telcos Rogers and Shaw first announced in March 2021. “Since the proposed merger between Rogers and Shaw was announced, I have been very clear: affordability and competition are […]

April 3, 2023By Colin Mann

Rogers, Shaw, Quebecor extend proposed transactions date

Rogers Communications, Shaw Communications, the Shaw Family Living Trust, and Quebecor have announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron, a wholly-owned subsidiary of Quebecor, to February 17th. All parties say they remain committed to the pro-competitive transactions, which […]

January 31, 2023

Objections over Canada cable merger

Canada’s Competition Tribunal has approved the C$26 billion (€18.07bn) merger between Rogers Communications and Shaw Communications. But the decision has almost immediately been met with objections. The Competition Bureau (note, not the Tribunal) has asked Canada’s Federal Court of Appeal to set aside the favourable decision and is arguing that the Tribunal has made mistakes […]

January 4, 2023By Chris Forrester

Report: UK TMT sector attractive M&A target

Specialist corporate finance advisory firm, Shaw & Co, has launched the latest of its in-depth sector reports designed to offer business leaders a sector overview and benchmarking tool to aid decision-making and assist in their investment planning. The report, The Shaw Report – Technology Media & Telecoms Industry Annual Review October 2022, covers the Technology, […]

October 27, 2022

Canada: Rogers, Shaw sell mobile division

Canada’s two giant cable distribution companies, Rogers Communications and Shaw Communications, have agreed to sell their jointly-owned Freedom Mobile business to Quebecor’s subsidiary Videotron. The deal is expected to open up permissions for Rogers and Shaw to themselves merge their operations. The proposed merger – announced more than a year ago in March 2021 – […]

August 17, 2022By Chris Forrester

Canada: Rogers/Shaw merger in peril

Canadian cable giant Rogers Communications suffered a major outage on July 8th that lasted some 19 hours and affected Toronto, Ottawa and Montreal. Now the Canadian government is getting involved and reports that the planned merger between Rogers and rival Shaw is at risk. The Canadian government has ordered an investigation into the meltdown that […]

July 15, 2022By Chris Forrester

Rogers, Shaw agree merger pause

Canadian multiplay telcos Rogers Communications and Shaw Communications have agreed to not proceed with closing their proposed merger until either a negotiated settlement is agreed with the Commissioner of Competition or the Competition Tribunal has ruled on the matter. As a result, there is no need for the Tribunal to hear the Commissioner’s application for […]

June 1, 2022By Colin Mann

Rogers, Shaw say merger will boost competition

Rogers Communications has met with Canada’s telecoms regulator CRTC with regards to merging its activities with those of Canada’s other pay-TV giant, Shaw Communications. Edward Rogers, chairman of Rogerss, told a hearing that the deal would enhance, and not stymie, competition. “Canada is no longer an island. We participate in a global industry, with global […]

November 25, 2021By Chris Forrester

Rogers buys Shaw in $26bn deal

Canadian multiplay telcos Rogers Communications and Shaw Communications have reached an agreement for Rogers to acquire all of Shaw’s issued and outstanding Class A Shares and Class B Shares in a transaction valued at approximately $26 billion (€21.8bn) inclusive of approximately $6 billion of Shaw debt. The offer price of $40.50 per share represents a […]

March 15, 2021