Page 9 - Wind Mobile News Today

Anthony Lacavera, the founder of Wind Mobile before the Shaw acquisition turned it into Freedom Mobile, is “disappointed” but not surprised about the Rogers-Shaw merger. Earlier this week, Rogers announced a deal to acquire Shaw, which includes Freedom Mobile. The deal is valued at a whopping $26 billion. Although not set to close until 2022, Canadians have already voiced their displeasure at the prospect of Rogers swallowing yet another player in the mobile space, further reducing the indu...

The Daily Chase: Investors wary of Rogers-Shaw deal; one-on-one with Mark Carney VIDEO SIGN OUT Shares of Shaw Communications closed almost seven dollars below the $40.50 takeover price yesterday as investors signaled apprehension about the long and daunting road ahead for closing the deal with Rogers. And it’s easy to understand why after we heard former Wind Mobile CEO Anthony Lacavera flatly stated in his conversation with Greg Bonnell during The Close yesterday that “this ...

Here's why the news about a massive deal between two of Canada’s largest telecoms is ushering in the Canadian telecom dilemma.

Although Shaw and Rogers arent direct competitors in cable and internet because their networks are in different parts of the country, they have been fierce combatants in the wireless sector since Shaw bought the former Wind Mobile in 2016. "As is the case in all telecom combinations, we expect there to be some pushback from the regulatory bodies given the potential impact this transaction would have on competition and wireless pricing," wrote Canaccord Genuity analyst Aravinda Galappatthige in ...

Telecom firms are fierce combatants in the wireless sector.

In the mid-1990s, the Canadian Radio-television and Telecommunications Commission (CRTC) decided not to regulate the nascent cellular phone industry, which now generates $43 billion annually for the Canadian economy. It would be left to the marketplace to provide services that consumers wanted, the CRTC and federal government decided. The problem, say critics of Canadas wireless industry, is that with the huge success of three companies under this system, theres little room for competition in...