Rogers Communications Inc. said Thursday it still expects its $26-billion takeover of Shaw Communications Inc. to close in the first half of this year, even after Ottawa stated its intention to block the wholesale transfer of Shaw’s wireless licences.
Federal Industry Minister François-Philippe Champagne said he shares many of the concerns expressed in recent months by Canadians about the proposed acquisition of Calgary-based Shaw by Toronto-based telecom giant Rogers, and will not allow Rogers to acquire all of Shaw’s wireless spectrum.
