Rogers and Shaw ink C$2.85 billion deal for Freedom
Canadian telcos Rogers and Shaw have inked a deal for the sale of the latter’s Freedom Mobile arm, a move they hope will give them the freedom to push ahead with their merger plan.
Canadian telcos Rogers and Shaw have inked a deal for the sale of the latter’s Freedom Mobile arm, a move they hope will give them the freedom to push ahead with their merger plan.
The proposed tie-up between Rogers Communications and rival Shaw is under threat, with Canada’s Commissioner of Competition having indicated he intends to block the deal.
Rogers Communications plans to buy rival Shaw for C$26 billion, a deal that both companies are pitching as a driver of 5G rollout in Canada.
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