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Canada's Rogers and Shaw announce $26bn merger


Canada’s Rogers and Shaw announce $26bn merger
Canadian telcos come together citing the belief that 5G is redefining the innovation landscape and that significant multibillion-dollar investments are needed to deliver the connectivity that communities, consumers and businesses require
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Rogers Communications has entered into a merger with fellow Canadian telco Shaw Communications in a $26bn deal.
Explaining the move, the companies said that as 5G redefines the innovation landscape, significant multibillion-dollar investments are needed to deliver the connectivity that Canadian communities, consumers and businesses not only need, but deserve.
Rogers said it runs Canada’s largest and most reliable 5G network and that when it can combine its scale, capital and experience with Shaw’s existing cable, fibre-to-the-home and wireless networks, it will be able to deliver transformational technology to Canadian business ....

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