Alberta Intervenes in Show / Rogers Transactions

According to a submission to the Competition Court on July 4, Alberta’s Attorney General will intervene in Rogers Communications’ acquisition of Shaw Communications for $ 26 billion.

“Respondents [Rogers and Shaw] It has a significant presence in Alberta’s telecommunications market, and its successes and failures will impact Alberta’s consumers, workers, and potentially other aspects of Alberta’s economy. ” Filing is writing.

Filing also focused on Shaw’s Freedom Mobile and Shaw Mobile, which serve residents in Calgary, Edmonton, Red Deer, and other parts of the state.

Shaw currently has approximately 2 million subscribers in British Columbia, Ontario and Alberta.

Freedom Mobile has been a trading challenge since Rogers first announced its intention to acquire Shaw in 2021. In June, they agreed that Quebec, which owns Videotron in Quebec, would buy Freedom Mobile for $ 2.85 billion. Following the agreement, Rogers, Shaw, and the Competition Bureau have begun an arbitration process to drive the deal.

IT World Canada We are asking the Alberta Government for comment and will update the article if we receive a reply.