Toronto, March 3, 2022 (GLOBE NEWSWIRE) — Constructively working with government and regulatory agencies to complete this transaction and provide all Canadians with the benefits of the merger. Rogers and Shaw share the government’s view that affordable, high-quality services need to be available to all Canadians. Rogers and Shaw will invest across generations in the networks and technologies that Canada needs to create new jobs, intensify competition and close connectivity gaps. In rural areas and remote areas. The transaction is still expected to close in the first half of 2022.
Rogers is Canada’s leading technology and media company that provides world-class communications services and entertainment to consumers and businesses on its award-winning network. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. Today, we are dedicated to providing industry-leading wireless, cable, sports and media to millions of customers across Canada. Our shares are listed on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and the New York Stock Exchange (NYSE: RCI). For more information, please visit www.rogers.com or https://investors.rogers.com/.
Shaw Communications Inc. is a leading Canadian connectivity company. The wired sector consists of consumer and business services. Consumers serve home customers with broadband internet, Shaw Go WiFi, video and digital phones. Business provides business customers with internet, data, WiFi, digital phone, and video services. The Wireless Division provides wireless voice and LTE data services. Shaw is traded on the Toronto and New York Stock Exchanges and is included in the S & P / TSX 60 Index (symbols: TSX – SJR.B, NYSE – SJR, and TSXV – SJR.A). For more information, please visit www.shaw.ca.
Attention about future prospects
This news release contains forward-looking statements within the meaning of applicable securities law. This includes statements about the expected and potential outcomes of the proposed transaction with Shaw Communications Inc. Affected by inherent risks, uncertainties and other factors, many of which are beyond our control, actual results and events are expressed or implied in such forward-looking statements. It may differ significantly from our expectations. As a result, readers are careful not to place undue reliance on forward-looking statements. All forward-looking statements are made in accordance with the “Safe Harbor” provisions of applicable Canadian and US securities laws. Rogers disclaims any intent or obligation to update or revise any forward-looking statement, except as required by law.
Rogers Communications Media Contact
Contact information for the Rogers Communications investment community
Shaw Communications Inc. Contact:
Chethan Lakshman, Vice President, Foreign Affairs
CBJ News Maker
The Canadian Business Journal, a joint statement representing Rogers Communications and Shaw Communications
Source link The Canadian Business Journal, a joint statement representing Rogers Communications and Shaw Communications