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The Daily Chase: Investors wary of Rogers-Shaw deal; one-on-one with Mark Carney

The Daily Chase: Investors wary of Rogers-Shaw deal; one-on-one with Mark Carney VIDEO SIGN OUT Shares of Shaw Communications closed almost seven dollars below the $40.50 takeover price yesterday as investors signaled apprehension about the long and daunting road ahead for closing the deal with Rogers. And it’s easy to understand why after we heard former Wind Mobile CEO Anthony Lacavera flatly stated in his conversation with Greg Bonnell during The Close yesterday that “this is really bad for the consumer – short, medium and long-term.” Shortly before that, former Industry Minister Tony Clement said governments have faced a “constant problem” in ensuring wireless spectrum auctions are structured to ensure lasting, sustainable competition. We’ll continue to probe those and other important issues surrounding this transaction.

Here s a Canadian Telecom Dilemma | The Motley Fool Canada

Sale of telecom empire has generational impact on Shaw family

Sale of telecom empire has generational impact on Shaw family
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Rogers plan to buy Shaw raises red flags about competition, especially in wireless - Medicine Hat NewsMedicine Hat News

Rogers plan to buy Shaw raises red flags about competition, especially in wireless - Medicine Hat NewsMedicine Hat News
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Rogers plan to buy Shaw raises red flags about competition, especially in wireless

Although Shaw and Rogers aren t direct competitors in cable and internet because their networks are in different parts of the country, they have been fierce combatants in the wireless sector since Shaw bought the former Wind Mobile in 2016. As is the case in all telecom combinations, we expect there to be some pushback from the regulatory bodies given the potential impact this transaction would have on competition and wireless pricing, wrote Canaccord Genuity analyst Aravinda Galappatthige in a note to clients. Rogers chief executive Joe Natale told analysts in a morning conference call that it s too early to speculate on whether the competitors will be required to divest any of their operations before approval is granted from federal regulators, including the Competition Bureau.

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