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Canada's merger court asked the competition bureau to pay about C$13 million ($9.58 million) to Rogers Communications and Shaw Communications for the lengthy court battle after its failed attempt to block the telecom firms' C$20-billion merger.

As Rogers Communications' long-delayed takeover of Shaw Communications Inc nears its final hurdle, bankers, lawyers and shareholder advisors are preparing to finally pocket a C$100 million-plus ($75 million) fee from the bitterly contested deal.

Canadian Industry Minister François-Philippe Champagne said on Monday the country's broadcast and telecommunications regulator would focus on improving competition, affordability and consumer rights as part of a new policy direction.

OTTAWA, Ontario — Canada's Federal Court of Appeal on Tuesday dismissed an attempt by the Competition Bureau to overturn a key approval of Rogers Communications Inc.'s RCI CA:RCI.B takeover of Shaw Communications Inc. SJR CA:SJR.B.

Shaw Communications' (SJR) first-quarter fiscal 2023 results reflect a decline in revenues in the wireline segment.

Shaw (SJR) delivered earnings and revenue surprises of -7.41% and 0.14%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

A long-planned merger of the two Canadian communications companies just cleared another legal hurdle -- probably.

Canada's merger court ruled in favor of Rogers Communications and Shaw Communications in a key antitrust case, clearing one of the final hurdles to the union of two of the nation's largest telecommunications firms. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.

Markets looked poised to drop in a fitting end to the year.

The Rogers-Shaw deal was a contentious one, where regulators extracted concessions. The companies pushed it through after nearly 2 years.