CALGARY – Shaw Communications has officially closed its acquisition of Mid-Bowline Group Corp. and its wholly-owned subsidiary Wind Mobile.
Wind serves approximately 940,000 wireless subscribers across Ontario, British Columbia and Alberta with 50 MHz of spectrum in each of these regions. Shaw said that it will continue to invest in the wireless network and service offering, including the upgrade of its network to 4G LTE.
"We know Canadians want options when it comes to their wireless provider and, in time, customers can expect to see integrated offerings that provide them with the best value for their dollar in quality of coverage and connectivity”, said CEO Brad Shaw, in a statement. “We are excited about our growth prospects in mobile and welcome the WIND team of 1200 employees. With the transformative power of this transaction, Shaw will become a leading pure-play connectivity provider."
"With Shaw's long-term commitment, customer focus and breadth of product offering, we are better positioned to deliver better value and capability to WIND customers," added Wind EVP and president Alek Krstajic. "The strength of Shaw as a company and as a brand will provide Canadians with more choice and opportunities to stay connected."
The $1.6 billion deal was first announced last December.
