Shaw may mothball wireless for now as it rethinks strategy

CALGARY – Facing serious competitive attacks on the TV front as well as rapidly developing global wireless technologies, Shaw Communications said today it is putting the brakes on its wireless network build."The competitive environment has moderated revenue growth this year in our core business and presented an increased level of risk to our forecast,” said company CEO Brad Shaw in the company’s press release announcing its quarterly financial results on Wednesday morning."With the rapid development of wireless technology, including long-term evolution ("LTE") options, and the dynamics within the wireless industry evolving at a swift pace, we are currently evaluating technology...