Cable / Telecom News

UPDATE: Novus files complaint against Shaw over allegations of undercutting

VANCOUVER and CALGARY - Novus Entertainment has filed legal proceedings with the BC Supreme Court, and plans to complain to the Competition Bureau that cable giant Shaw is offering major discounts in an attempt to steal its customers in Vancouver."Shaw is abusing its dominant position in the market by offering services - which it normally makes nearly 50% margins on - at a sizeable loss as a means to destroy a local competitor," said Donna Robertson, co-president and chief legal officer of Novus, in a press release on Tuesday. "The millions of existing Shaw customers paying full price should be...