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Canada's competition tribunal on Thursday approved the C$20 billion ($14.77 billion) merger between Rogers Communications Inc and Shaw Communications Inc that would create the country's second-largest telecom provider after Bell.
The latest numbers confirm the best Shaw Communications Inc. can do in the future is for the deal with Rogers Communications to be approved. Shaw CEO says he "doesn't see a viable path forward as a standalone company."
Shaw Communications' (SJR) fourth-quarter fiscal 2022 results reflect decline in revenues in the wireline segment.
Shaw (SJR) delivered earnings and revenue surprises of -3.70% and 4.58%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?
Shaw Communications (SJR) announces the availability of Disney+ streaming service for Shaw TV and Shaw Stream customers.
Canada Federal Court Chief Justice Paul Crampton has directed counsel for Rogers Communication Inc , Shaw Communications Inc and the Competition Bureau to convene for a further case management conference on Tuesday.
The intended pairing of the two companies just became much more likely.
While any company that provides passive income to stakeholders is positive – especially during this inflationary cycle – certain organizations stand out over others. In particular, investors should look into monthly dividend stocks to buy for reliable income.
Rogers Communications said on Thursday that Canada's competition commissioner has a "statutory obligation" to expedite the hearing into the company's proposed acquisition of Shaw Communications Inc.
A combined Rogers Communications and Shaw Communications Inc would be able to invest in the resiliency of telecom networks at a level that neither company can do alone, Rogers Chief Executive Tony Staffieri told lawmakers on Monday.