Cable / Telecom News

Shaw can’t buy Mountain, says Rogers

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 all of...