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Rogers' 'sweeteners' for $16 billion Shaw takeover may test Canadian regulatory, political patience

Rogers Communications Inc's efforts to secure its C$20 billion ($16 billion) acquisition of Shaw Communications Inc could be insufficient to overcome regulatory hurdles and political opposition amid concerns Canadians face some of the world's highest phone bills. ....

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Opinion: Canada's efficiencies defence may enable Rogers-Shaw merger

Handout
Robin Shaban is principal at Vivic Research, an economic consulting firm that provides data-driven research for policy makers and advocates.
Rogers and Shaw issued a joint communique on Monday announcing their intent to merge, a deal totalling $26-billion, including debt. The two companies also claim the merger will create $1-billion a year in synergies within
two years after it
is finalized.
Their synergies claim is interesting because, if upheld, it will severely hamper the Competition Bureau’s ability to take meaningful action to protect competition in the industry, further contributing to the high prices Canadians pay for telecommunications services. The core problem is Canada’s so-called efficiencies defence for mergers, contained in Section 96 of the Competition Act. ....

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Morning Update: Rogers deal for Shaw likely to face heavy scrutiny from Ottawa

The Globe and Mail
Omair Quadri
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Good morning,
Rogers Communications Inc. may have to sell off some wireless assets to get its $20.4-billion bid for Shaw Communications Inc. past a government that has been pushing to increase wireless competition and reduce cellphone bills, analysts say.
The deal announced yesterday is likely to face significant regulatory hurdles, analysts said, because it would eliminate Canada’s fourth-largest wireless carrier, Shaw-owned Freedom Mobile. The regional carrier has been credited with driving price competition in recent years. ....

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Canada's Rogers and Shaw announce $26bn merger

Canada’s Rogers and Shaw announce $26bn merger
Canadian telcos come together citing the belief that 5G is redefining the innovation landscape and that significant multibillion-dollar investments are needed to deliver the connectivity that communities, consumers and businesses require
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Rogers Communications has entered into a merger with fellow Canadian telco Shaw Communications in a $26bn deal.
Explaining the move, the companies said that as 5G redefines the innovation landscape, significant multibillion-dollar investments are needed to deliver the connectivity that Canadian communities, consumers and businesses not only need, but deserve.
Rogers said it runs Canada’s largest and most reliable 5G network and that when it can combine its scale, capital and experience with Shaw’s existing cable, fibre-to-the-home and wireless networks, it will be able to deliver transformational technology to Canadian business ....

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Welcome To IANS Live - ENTERTAINMENT - Grammys give special tribute to musicians who died over past year

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IANSLive
Los Angeles, March 15 (IANS) The Grammys went a step ahead this year to honour musicians who passed away over the last year.
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Update: 15-March-2021 ....

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