Cable / Telecom News

CRTC approves Mountain purchase, Shaw now the biggest cable co

OTTAWA and CALGARY – Shaw is now Canada's largest cable company after receiving CRTC approval to proceed with its purchase of Mountain Cablevision.As reported by Cartt.ca, Shaw offered to buy the Hamilton-based BDU back in July.  Rogers tried to block the acquisition citing a near decade-old non-compete arrangement it had with Shaw, but that argument was dismissed by the Ontario Superior Court last month. The Commission officially approved Shaw’s application on Thursday, meaning that Mountain’s ownership and control will be changed to 1474888 Alberta Ltd., a wholly owned subsidiary of Shaw Communications Inc.  Approximately 135 employees, 41,000 cable customers, 29,000 Internet subscribers, and 30,000 digital...