Shaw Communications Inc. SJRWF

Communication Services Telecom Services

Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw is also now a national wireless service provider after acquiring Wind Mobile in 2016. Shaw has upgraded its wireless network, undertaken an aggressive pricing strategy, and significantly enhanced its spectrum holdings. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.

OTCPK:SJRWF - Post by User

Shaw Communications Inc. > Nice: mixed feelings on what this means

<< Previous

Bullboard Posts

Next >>

Post by Lawyerupon Mar 15, 2021 4:24pm

235 Views

Post# 32801062

Nice: mixed feelings on what this means

While I welcome a hefty profit from this merger I just wonder what it means for competition in Canada. Our internet/cell rates in Canada are already high so does the future with less competition mean we will see even higher rates? I have dealt with Rogers in the past, pretty awful company in terms of gouging customers. I moved to Shaw to get away from Rogers. Now it looks like we are back to square one again with an awful company having most of the market share in Canada. Just leaves Telus as competition now. Something I am not thrilled about. So I will take the $40 some dollar offered for Shaw shares but long term it looks like we will all pay the price with higher prices down the road. Just my two cents.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?