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Canadian Minister Opposes Wholesale Transfer of Shaw's Wireless Licences to Rogers
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Canada’s industry minister, François-Philippe Champagne, on Thursday said he will not permit the wholesale transfer of Shaw Communications Inc’s wireless licences to Rogers Communications Inc as part of a buyout bid for Shaw.
“The wholesale transfer of Shaw’s wireless licences to Rogers is fundamentally incompatible with our government’s policies for spectrum and mobile service competition, and I will simply not permit it,” François–Philippe Champagne, minister of innovation, science and industry, said.
The deal announced in March to create Canada’s second-largest cellular and cable operator has attracted regulatory scrutiny.
(Reuters)