Cable / Telecom News

Rogers completes Mobilicity deal

TORONTO – Rogers has completed its acquisition of Mobilicity and Shaw’s AWS spectrum, just over a week after the two deals were announced.In a short news release late Thursday, the Toronto-based communications company said that it had “received all requisite governmental, creditor and court approvals” to complete the acquisitions.As Cartt.ca reported, Rogers offered $465 million for 100% of Mobilicity’s ownership, plus agreed to buy Shaw's unused AWS-1 spectrum for $100 million, in addition to the down payments made when an option agreement was originally announced in January 2013.  Rogers then agreed divest some of that spectrum to Wind Mobile.www.rogers.com
 

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