News Snapshot:
Hello, Ottawa is allowing Rogers Communications Inc. to complete its $20-billion takeover of Shaw Communications Inc. by approving the transfer of Shaw’s wireless licences to Videotron Ltd. But there will be a number of conditions aimed at lowering cellphone bills and making internet and wireless services more accessible. The approval from Federal Industry Minister François-Philippe Champagne ends a two-year battle for a deal that will combine the country’s two largest cable networks and allow Quebecor Inc.’s Videotron to expand outside of its home province of Quebec by acquiring Shaw’s Freedom Mobile, Canada’s fourth-largest wireless carrier, for $2.85-billion. Federal Industry Minister...
