Cable / Telecom News

‘Most stringent set of conditions’: In approving Shaw buy, minister Champagne lays out stipulations for merging parties

By Ahmad Hathout OTTAWA – Two years and 16 days after Rogers and Shaw announced their intention to merge, Innovation Minister Francois-Philippe Champagne indirectly approved one of Canadian history’s largest corporate consolidations Friday by allowing for the transfer of Shaw’s Freedom wireless assets to Videotron – promised as the competitive fourth player in the telecom market. The stipulations laid out by Champagne in a press conference on Friday are as follows: Videotron will commit to offering retail services that are “at least 20% cheaper” than from those of the major players outside its home territory, it cannot transfer Freedom spectrum...