Rogers-Shaw merger deadline extended again

The deadline to complete Rogers’ C$26 billion takeover of Shaw has been extended again.

Rogers, Shaw, and Québecor announced in a joint statement this morning that the closing date for the deal will be pushed from today to March.31.

This move comes after Industry Minister François-Philippe Champagne said during a Industry Committee meeting on Monday that he is not close to finalizing anything.

Champagne has to approve the transfer of spectrum licenses from Shaw to Vidéotron –the side preconditional divestiture aimed at allaying competition concerns.

Champagne has previously said he needs guarantees that Vidéotron will offer lower-cost services over a 10-year period outside of Quebec and that Shaw holds onto its licenses for a set period of time after the merger is approved. But he also said that as a regulator he is not compelled by any deadline.

The deal has already gotten the green light from the CRTC, the Competition Tribunal and the Federal Court of Appeal, after several failed attempts by the Competition Bureau to block the merger.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Ashee Pamma
Ashee Pamma
Ashee is a writer for ITWC. She completed her degree in Communication and Media Studies at Carleton University in Ottawa. She hopes to become a columnist after further studies in Journalism. You can email her at [email protected]

Related Tech News

Featured Tech Jobs


CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.