Cable / Telecom News

Ted Rogers quashes Shaw merger rumours


TORONTO – Rumours in the media that Rogers Communications Inc. is considering merging with Shaw Cable are just that, says RCI president Ted Rogers. Reporting on the idea is “just plain irresponsible” and “completely theoretical diatribe,” Rogers told analysts today during a company conference call on second quarter earnings. “We have a lot on our plate,” Rogers said. “We are in as good a shape as we’ve ever been” and the company is focusing on smaller acquisitions and has “no appetite for dilutive transactions.” “We do not have any active file on Shaw,” Rogers said. “I would be hard-pressed to call that...