Cable / Telecom News

UPDATE: Y2K agreement means $300-million Mountain Cable purchase by Shaw can’t happen, says Rogers

TORONTO – Canada’s two largest cable companies have very different opinions of a nine-year old agreement that had its genesis during a March 2000 dinner in Toronto between Ted Rogers and Jim Shaw – and the dispute has led the country’s two largest cable companies to court.Rogers Communications is asking the Ontario Superior Court of Justice for an injunction blocking the $300-million sale of Hamilton’s Mountain Cablevision because Shaw signed a letter that became effective in March of 2001 which says the Calgary-based MSO wouldn’t mess in Rogers’ territory and the big red machine would stay out of the west.(The...