Competition challenge to Rogers, Shaw merger boosts Quebecor's chances, says industry watcher — via financialpost Telecom Rogers Shaw
Those assets, which include spectrum, could also be acquired on better terms, whether that’s price or network-sharing arrangement, or both, industry watchers say.
Quebecor, which has openly challenged the national wireless dominance of Rogers, Telus Corp., and BCE Inc.’s Bell network and pledged to bring down wireless prices for consumers as it has done in its home province of Quebec, was not seen as a favoured buyer by Rogers, a company it has tangled with in court over previous network-sharing arrangements.Article content
“We do not believe the deal is dead,” BMO’s Casey wrote. “In our view, Rogers and Shaw are highly motivated to reach a settlement with a remedy partner rather than pursue a path of litigation with the Competition Tribunal.” Xplornet, owned by private equity firm Stonepeak Infrastructure Partners, has reportedly emerged as a contender for the assets, which analysts have said could fetch up to $4 billion.Article content
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hochul tests positive for COVID-19The governor, who is fully vaccinated and boosted, says she is not experiencing symptoms.
Read more »
Papa John’s founder says Dan Snyder, Jerry Jones tried to get Roger Goodell firedPapa John’s founder John Schnatter took a swipe at NFL Commissioner Roger Goodell during a conference call in 2017. Now more than four years later, the disgraced ex-CEO of the pizza company says that a couple of team owners encouraged him to do it.
Read more »
Texas AG Ken Paxton says state bar plans to sue him for challenging the 2020 electionTexas Attorney General Ken Paxton said the state bar plans to sue him for filing a lawsuit that challenged President Joe Biden’s 2020 election win.
Read more »
Dan Loeb says he's boosting oil and gas positions and warns the bottom might not be in for tech stocksDan Loeb says he’s boosting oil and gas positions and warns the bottom might not be in for tech stocks
Read more »
Energy Secretary Explains Why Feds Are Spending $2.5 Billion on Carbon CaptureU.S. Secretary of Energy Jennifer Granholm says it is important to grow clean energy production in the U.S. and also to spend on the carbon capture industry.
Read more »
Padres pregame: Musgrove vs. Marlins; incredible shrinking offenseJoe Musgrove is 3-0 against the Marlins; Padres face Trevor Rogers for the first time
Read more »