Shaw Communications Inc. V.SJR.A

Primary Symbol: 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.

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Post by Mrlongpantson Sep 06, 2022 2:09pm

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Post# 34944485

GltaLongs.

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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