CRTC decision on wholesale internet rates expected Thursday thereminder.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thereminder.ca Daily Mail and Mail on Sunday newspapers.
Shaw said it will be seeking approval from the Alberta Court of Queen s Bench on Tuesday.
In total, 99.8 per cent of votes cast at a special virtual meeting Thursday were in favour of the plan of arrangement, well above the required two-thirds support. Today marks an important milestone in the journey to combine Shaw and Rogers, creating a truly national network provider with far-reaching and multi-generational benefits for all Canadians, stated Brad Shaw, executive chair and chief executive.
He noted that the voter turnout exceeded 70 per cent, which he said was a strong endorsement for the combination.
Under the plan, Rogers which is controlled by the family of the late Ted Rogers will pay $40.50 in cash for all of Shaw s issued and outstanding class A and class B shares.
Shaw shareholders overwhelmingly approve of selling company to Rogers Communications calgary.ctvnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgary.ctvnews.ca Daily Mail and Mail on Sunday newspapers.
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Over the past year, we have experienced a once-in-a-generation transformation across almost every part of our lives: from how families stay connected, to how businesses reach their customers, to how students continue to learn.
Through it all, our digital networks have been a key part of making those changes possible.
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Just as digital connectivity has been critical during the pandemic, it will be equally important to Canada’s competitive future. Wireless and fibre networks will be the connective tissue that powers that future.