Canadian Minister Opposes Wholesale Transfer of Shaw's Wireless Licences to Rogers

People walk in front of the the Rogers Building, quarters of Rogers Communications in Toronto, Ontario, Canada October 22, 2021. REUTERS/Carlos Osorio

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.