The Attorney General of Alberta will intervene in Rogers Communication’s C$26 billion acquisition of Shaw Communications, according to a filing to the Competition Tribunal on July 4.
“The Respondents [Rogers and Shaw] have significant presence in Alberta’s telecommunications market and their successes and failures will impact Alberta’s consumers, workers, and, potentially, other aspects of Alberta’s economy,” wrote the filing.
The filing further focused on Shaw’s Freedom Mobile and Shaw Mobile, which serve residents in Calgary, Edmonton, Red Deer, and other regions of the province.
Shaw currently has around two million subscribers in British Columbia, Ontario, and Alberta.
Freedom Mobile has remained a sticking point in the deal since Rogers first announced its intention to acquire Shaw in 2021. In June, they agreed on an offer made by Quebecor, which owns Videotron in Quebec, to purchase Freedom Mobile for C$2.85 billion. Following the agreement, Rogers, Shaw, and the Competition Bureau began a mediation process to try and push the deal along.
IT World Canada has reached out to the Alberta Government for comments and will update the article if it receives a reply.
Source by www.itworldcanada.com