CALGARY – Shaw said Tuesday that it has closed its offering of C$300 million principal amount of 3.80% senior notes due March 1, 2027.
The senior notes were made available in Canada under Shaw's previously filed shelf prospectus pursuant to an agency agreement with TD Securities Inc. acting as sole bookrunner.
The net proceeds of this offering, together with cash on hand, will be used to repay the C$400 million principal amount of senior notes of the Corporation due March 2, 2017.
www.shaw.ca
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SO MANY OF US who are worried about the coming consequences of the “post-truth” age, whether we’re journalists or not, wonder aloud why people don’t trust the hardworking, mainstream media, and are genuinely puzzled when citizens can no longer identify the truth.
What happened this week when it came to the reporting of the ratings for the Super Bowl in Canada revealed there are reasons behind this confusion and mistrust. Slipshod journalism and a rush to be first has left everyone confused how many Canadians watched the game – and on what channels – since the CRTC removed Bell’s simultaneous…
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CALGARY – Shaw Communications is thinking pink with a new campaign that aims to shut down bullying.
The Calgary-based company has pledged to donate $1 to bullying prevention programs in Canada for every social media post using #PinkShirtPromise from now to Pink Shirt Day on February 22.
Now in its third year, the #PinkShirtPromise campaign has seen thousands of Canadians make commitments to join the movement against bullying. This year, Shaw will be supporting the Canadian Red Cross program Beyond the Hurt which educates Canadian youth in grades 6-12 through training and certifying Youth Facilitators in schools and youth-serving organizations.
"The research is increasingly…
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GATINEAU – Freedom Mobile has called on the CRTC to “take the bold step and completely do away with unlocking fees altogether and that unlock codes be provided by carriers free of charge on request.”
The upstart operator owned by Shaw Communications made the recommendation on Wednesday during its opening remarks to the Commission’s three-year review of the Wireless Code of Conduct.
The company added that there is no reason domestic carriers can’t offer unlocked devices at the point of sale. After consulting several large handset suppliers, “they have indicated that they would be happy to sell unlocked phones,” said Bob…
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VANCOUVER – Shaw introduced its new voice-controlled platform BlueSky TV to customers in Vancouver and the Lower Mainland on Wednesday.
Using Comcast’s X1 platform, Shaw BlueSky TV combines an easy-to-use interface featuring voice-activated navigation, with content recommendations, customized apps, and social media features. It also offers access to all of a user's content in one place, including live programming, PVR recordings, on-demand shows, and TV Everywhere services.
Shaw premiered the service in Calgary last month and said it plans to roll it out to its various markets in the coming months.
"Shaw BlueSky TV is already changing the way customers watch…
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TORONTO – Music industry veteran executive and Bell Media brass Randy Lennox has been named as the recipient of the 2017 Walt Grealis Special Achievement Award by the Canadian Academy of Recording Arts and Sciences (CARAS).
Named after famed Canadian publisher and trailblazer Walt Grealis, the award recognizes industry leaders who have vastly contributed to the growth and development of the Canadian music industry.
Lennox began his music career at Universal Music Canada, working in various positions until becoming president in 1998 when the company merged with Polygram Canada, and then became CEO in 2001. In 2015, he took on the…
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GATINEAU – As Telus said last Monday during the CRTC’s N911 hearing, incumbent telcos believe that they are the logical choice as providers of next-generation 911 (NG911) services.
MTS noted in its opening remarks Wednesday that given the complexities involved with transitioning to NG911 from the current systems, it’s best to stick with what is known. Besides, the telcos have the PSAP (public safety access point) relationships, infrastructure and processes already in place for 911.
“There is no reason to believe that this existing framework would not work for NG911. In fact, retaining the same model would expedite a reliable, resilient…
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GATINEAU – Canada’s cable companies say now is the time to wrest control of the 911 emergency system away from the incumbent telcos and hand it over to a new consortium charged with implementing next-generation emergency services.
Just as the telecom market has evolved from a monopoly environment to one based on competitive dynamics, so too should NG911.
While the cable operators believe the telcos have done a good job of running the existing 911 system over the last four decades, the CRTC shouldn’t simply renew their mandate to oversee a new NG911 system. As Shaw Communications noted in its…
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OTTAWA – Five of Canada’s biggest TV service providers and two set-top box manufacturers have signed a voluntary agreement to improve the energy efficiency of set-top boxes.
According to a Canadian GreenTech report, the agreement was signed by Bell Canada, Cogeco Communications, Rogers Communications, Shaw Communications, Videotron, ARRIS and EchoStar Technologies.
The Canadian Energy Efficiency Voluntary Agreement for Set-Top Boxes (CEEVA), along with complementary measures such as the Energy Star program, is expected to reduce the total annual energy consumption of Canadian set-top boxes from 3.4 terawatt hours (TWh) in 2016 to 2.7 TWh in 2021. The energy expected to be saved…
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MONTREAL – Cogeco Inc. is actively looking at more acquisitions in cable companies in the United States, but has ruled out acquisitions in the data services sector over the next year after a 2016 in which “our results have been disappointing” at subsidiary Peer 1, president Louis Audet said on Thursday at the company’s annual shareholders’ meeting in Montreal.
The company’s year-end financial results were mostly positive, with earnings increasing and a higher dividend to shareholders, both from Cogeco Inc. and subsidiary Cogeco Communications Inc. But a $450-million writedown at Peer 1 technically put the company in the red…
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