Shaw's $13.5 million Norcom purchase done

KENORA – "Thank you for choosing Shaw" is the new way to answer the phones this week at the former Norcom Communications. The $13.5 million deal to purchase the cable company serving about 6,000 customers in Kenora, Ont., and area was completed this week (that's approximately $2,250 per subscriber). Shaw also took on ownership of broadcast outlet CJBN-TV in the deal and will pay out over $110,000 in CRTC-mandated "tangible benefits" even though the station has been far from profitable for a number of years and that, according to Commission filings by Shaw, the company assigned no value to the...