CALGARY – Shaw Communications said today announced that it has agreed to buy the cable systems in Winfield, Lumby, Pender Island, Mayne Island, Galiano Island and Lillooet, B.C. from Mascon Communications.
The deal sees Shaw acquire about two-thirds of Mascon’s approximately 11,000 customers, leaving Mascon with systems in Sicamous, Chase and Sun Peaks.
Financial terms of the deal were not disclosed.
"We are delighted with the acquisition of these B.C. cable systems", said Peter Bissonnette, president of Shaw, in a release. "These cable systems complement our existing cable properties in and around Kelowna and the Gulf Islands."
"We are proud of the cable operations we have developed in Winfield, Lillooet and the Gulf Islands," said Ian Mackay, Mascon’s founder and president who has run the cable company for over 20 years. "Shaw’s purchase of these cable operations is a great deal for our customers who will enjoy an enhanced offering of entertainment and Internet services, and in some cases, digital phone services, through Shaw."
