CALGARY – Shaw has announced that it will redeem all of its outstanding U.S.$440 million 8.25% senior notes that are due April 11, 2010.
The redemption price will be payable in cash, and the redemption date will be October 13, 2009.
www.shaw.ca
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DELTA, B.C. – Shaw Communications trucks have rolled into Delta, B.C. as Shaw Communications has launched an overbuild program in the region.
Shaw president Peter Bissonnette told Cartt.ca Monday afternoon that it began expanding its network about three weeks ago after receiving approval from the CRTC to grow its cable territory into Delta, Ladner and the surrounding areas southeast of Vancouver.
“We’ve got our cable up one side of the street and theirs on the other,” Bissonnette said when asked about the existing company already there, Bragg Communications-owned Delta Cable.
“We’ve been receiving calls from people there saying they would like to…
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DELTA, B.C. – Shaw Communications trucks have rolled into Delta, B.C. as Shaw Communications has launched an overbuild program in the Delta, B.C. region.
Shaw president Peter Bissonnette told Cartt.ca Monday afternoon that it began expanding its network about three weeks ago after receiving approval from the CRTC to grow its cable territory.
“We’ve got our cable up one side of the street and theirs on the other,” Bissonnette said when asked about the existing company already there, Bragg Communications-owned Delta Cable.
“We’ve been receiving calls from people there saying they would like to get Shaw,” said Bissonnette.
More to come.
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TORONTO – Canada’s two largest cable companies have very different opinions of a nine-year old agreement that had its genesis during a March 2000 dinner in Toronto between Ted Rogers and Jim Shaw – and the dispute has led the country’s two largest cable companies to court.
Rogers Communications is asking the Ontario Superior Court of Justice for an injunction blocking the $300-million sale of Hamilton’s Mountain Cablevision because Shaw signed a letter that became effective in March of 2001 which says the Calgary-based MSO wouldn’t mess in Rogers’ territory and the big red machine would stay out of the…
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TORONTO – The purchase of Mountain Cablevision by Shaw Communications can go ahead. Justice James Newbould of the Ontario Superior Court of Justice today dismissed the motion filed by Rogers Communications seeking to block the acquisition based on a near decade-old non-compete arrangement it had with Shaw.
The judge said Rogers had not established it could be caused irreparable harm by Shaw’s purchase, even though the judge recognized “that there is a serious question to be tried regarding the validity of the restrictive covenants,” wrote the judge in his decision.
His decision also said “(t)here is no doubt that the acquisition…
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OTTAWA – Shaw Direct must either reinstate CBC Regina to its channel lineup, or drop a CTV station in order to comply with its conditions of licence, the CRTC ruled Friday.
The Commission denied a request by Star Choice Television Network Inc., made on behalf its DTH service now called Shaw Direct, to amend its licence relating to the distribution of CBC English-language conventional TV stations.
Its application followed a complaint from the CBC where it accused Shaw Direct (then Star Choice) of breaching its condition of licence number six after its removal of five conventional television stations, including CBC Regina.
In…
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TORONTO – An eight-year-old agreement personally put together by Ted Rogers and Jim Shaw explicitly prevents Shaw Communications from buying any cable company east of the Manitoba/Ontario border, says a lawsuit launched by Rogers Communications.
Shaw agreed to buy Mountain Cablevision of Hamilton, Ont., in July for what’s been reported as $300 million. Rogers wants the courts to stop the deal.
Back in 2000, the two companies worked out a swap of cable systems where in exchange for Rogers’ British Columbia systems (about 625,000 subs in and around Vancouver), Shaw gave up the CATV it owned in New Brunswick (almost…
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TORONTO – Bloomberg News is reporting that Rogers Communications has launched a lawsuit against Shaw Communications seeking to prevent the latter from purchasing Mountain Cablevision.
According to the story, which is available here, Rogers contended in a hearing yesterday that it has a pre-existing arrangement with the Calgary-based Shaw that neither would infringe on the others’ territories when it comes to expansion in cable.
It wants the $300-million deal stopped so a trial over the Roger-Shaw non compete agreement can happen and lawyers in court yesterday suggested that this is just a first step for Shaw back into Eastern Canada.
More…
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VANCOUVER and CALGARY – Western cable giant Shaw Communications has shot back in the skirmish between it and tiny Novus Entertainment.
Shaw president Peter Bissonnette confirmed to Cartt.ca that his company has filed a defamation suit against the independent Vancouver-based distributor for “defaming us and for interfering with our relations with our customers”.
“As well, we’ve filed suit against their pseudo third party marketing group, which I think is called 3G and which I believe is really a group of their employees, who are essentially attending to a blog that provides misinterpreted information”, Bissonnette said. “It’s having a negative impact within…
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CALGARY – Shaw Cable and Shaw Direct have become the first BDUs in Canada to launch AMC in high definition.
The US-based movie network, which will air the third season of the Emmy and Golden Globe award-winning Mad Men, and Emmy award-winning series Breaking Bad, will launch on September 1st. Shaw HD customers will receive a three month free preview before the channel becomes part of Shaw’s ‘HD Plus’ package and Shaw Direct’s ‘HD Extra’ package in December.
"Shaw is leading the way in bringing high value HD programming into Canadian homes”, said president Peter Bissonnette, in the press release. “We…
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