TORONTO and CALGARY – Rogers Communications and Shaw Communications released a joint statement today indicating the early mediation with the Commissioner of Competition that took place earlier this week on Monday and Tuesday did not end in a resolution to the Commissioner’s objections to the proposed merger of the two companies.
“Rogers and Shaw intend to continue to work constructively with the Commissioner to highlight the many benefits of the merger to all Canadians, including maintaining a strong and sustainable fourth wireless carrier across Canada through the proposed divestiture of Freedom Wireless to Quebecor Inc.,” the statement says.
This news…
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Cabinet declined to consider petition to set aside CRTC decision on Rogers merger
CALGARY – Shaw Communications announced today its financial results for Q3 2022, which shows revenue decreased 2.1% to $1.35 billion, compared to the same quarter the previous year.
The financial results for the quarter ended May 31, 2022, further show adjusted EBITDA increased slightly (0.3%) to $644 million compared to Q3 2021, while net income decreased 42.7% to $203 million.
“The prior year period included incremental Wireline Consumer revenue of approximately $20 million related to the release of a provision following the decision on final aggregated Third Party Internet…
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MONTREAL — Quebecor and its corporate venture capital arm asterX announced today the recipients of the 24th edition of the Pierre Péladeau Bursaries, named in honour of Quebecor’s founder.
“This year, Quebecor has awarded bursaries totalling $200,000, empowering the most promising student entrepreneurs across Québec university campuses to take their ideas to the next level. The financial assistance, combined with coaching, will help five innovative companies bring their business projects to fruition,” reads a Quebecor press release.
“We have a collective responsibility to contribute to the creation and growth of local startups that have the potential to shape the Québec…
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Company sent a letter to ISED and Competition Bureau and is preparing ad blitz
By Ahmad Hathout
THE COMPANY THAT formerly owned the assets of what is now called Freedom Mobile has not given up on reacquiring them, despite a deal announced earlier this month that (pending relevant approvals) would see Rogers sell the wireless assets to Quebecor to satisfy regulators looking at its proposed acquisition of Shaw Communications.
Globalive Capital on Friday sent a letter to Innovation Minister Francois-Philippe Champagne and Competition Commissioner Matthew Boswell – with a copy to Prime Minister Justin Trudeau – further pitching its case as being…
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OTTAWA — Rogers, Shaw, and the Competition Bureau have agreed to sit in front of a mediator to hash out a possible settlement on the issues involving the cable companies’ proposed merger, according to a letter dated yesterday to the Competition Tribunal.
The first scheduled mediation dates are July 4 and 5, the letter said. The process involves a neutral person assisting the disputing parties to come to a voluntary settlement of the issues. Options for that neutral person include a judicial member of the tribunal or the Federal Court, and the parties can give a preference…
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MONTREAL – Videotron’s illico set top box platform does not violate patented technology claimed by a subsidiary of U.S.-based Xperi, a Federal Court judge ruled in a decision released yesterday.
Xperi is the parent company of digital entertainment technology company Rovi, which has for years brought lawsuits against Canada’s big broadcasters for alleged infringement of technology in their viewing devices. Rovi has previously had licensing agreements with the major television service providers, including Bell, Rogers, Shaw and Videotron. The patented technology at issue involves the software that displays television program listings for a user to navigate, called an “interactive television…
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GATINEAU – The CRTC said today that telecommunications service providers will have to adhere to a regime that will set a minimum standard for blocking botnet traffic, which it said constitutes a “significant issue for cyber security, both in terms of volume and severity of harm.”
Botnets are networks of malware-infected devices that are controlled from a central location and used to do things like steal data and/or send an overwhelming number of communications to a server, which causes it to fail (denial-of-service attack). The increasing number of internet-connected devices coming to market, a lot largely with flimsy security measures, are…
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OTTAWA – In response to a report from the industry committee urging the federal government to block Rogers’s proposed takeover of Shaw Communications, Industry Minister Francois-Philippe Champagne declined to comment on the matter specifically but pointed to a number of policy developments that he says will help alleviate concerns about telecom competition and prices.
In March, the committee recommended that the government block the proposed deal on the grounds that it allegedly would stunt competition. If ISED – which is reviewing the spectrum licensing portion of the deal – permits the merger, the committee urged the government…
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MONTREAL — Cogeco Inc. and Cogeco Communications Inc. announced today Louis Audet (above), chair of the companies’ boards of directors, has been awarded the title of Officer of the Ordre national du Québec.
The honour is to be bestowed during a ceremony tomorrow. Also making the list is Quebecor Inc.’s president and CEO, Pierre Karl Péladeau, according to information posted last week on the Ordre national du Québec website.
The National Order of Québec is the highest distinction awarded by the Government of Québec, explains a Cogeco press release.
“It recognizes…
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By Ahmad Hathout
OTTAWA – The House infrastructure committee is recommending the government acknowledge the role the public sector plays in delivering high-speed internet to rural and remote communities and is urging it to support small municipalities in getting funding from federal funding programs.
The report, which was presented to the House on Monday, includes recommendations to the government to “acknowledge the necessary role for the public sector in delivering high-speed internet to rural and remote communities, especially those without a sufficient business case to attract private sector providers” and to “support the institutional capacity of small municipalities and Indigenous governments…
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