News Analysis The merger of telecommunications companies Rogers and Shaw makes good business sense, but the resulting consolidation could be bad for consumers, experts say. Rogers Communications Inc. is proposing to buy Shaw Communications Inc. in a deal worth $26 billion. The companies hope to clear regulatory hurdles to have the deal closed by the first half of 2022. Shaw provides cable and internet in Western Canada as Rogers does in the East. However, the merger means that the companies’ fierce competition in the wireless market would come to an end. Ian Lee, associate professor of management at Carleton University, said the deal is a good business move. “When any company in any industry buys a competitor, by definition, there’s basically 100 percent synergy. So from a strategy point of view, buying a competitor absolutely makes complete and total 100 percent sense,” he said in an interview. Lee said that …
Shaw-Rogers Merger Good for Rogers, Risky for Consumers
March 22, 2021
admin
cableCanadaCanadian Radio-television and Telecommunications CommissioncellphoneinternetsmartphoneWorld
0 Comment