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Bullboard - Stock Discussion Forum Rogers Communications Ord Shs Class A T.RCI.A

Alternate Symbol(s):  T.RCI.B | RCIAF | RCI

Rogers Communications Inc. is a wireless, cable, and media company. The Company provides connectivity and entertainment to Canadian consumers and businesses across the country. The Company also has a portfolio of media properties, which includes sports media and entertainment, television and radio broadcasting properties, multi-platform televised and online shopping and digital media. Its... see more

TSX:RCI.A - Post Discussion

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Post by Mrlongpants on Sep 06, 2022 2:09pm

GLTALongs.

Freedom mobile sale not enough to resolve Rogers-Shaw deal concerns -competition watchdog

Sept 6 (Reuters) - The sale of Shaw Communications Inc unit Freedom mobile to Quebecor Inc was not enough to eliminate antitrust concerns with the proposed C$20 billion ($15.21 billion) purchase of Shaw by Rogers Communications Inc, Canada's competition watchdog said.

"Such a divestiture will not replace the significant and growing competition Shaw Mobile was delivering and would continue to deliver in Alberta and British Columbia, and it would make Freedom Mobile a substantially weaker competitor than it would have been but for the proposed transaction," the watchdog said in a document posted on the website of Canada's competition tribunal on Tuesday.

($1 = 1.3153 Canadian dollars) (Reporting by Ismail Shakil in Ottawa Editing by Chris Reese)

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