The federal government has approved the multi-billion-dollar merger of telecom companies Rogers and Shaw, but with conditions that Ottawa insists will make the deal good for consumers.
François-Philippe Champagne, minister of Innovation, Science and Industry, said at a press conference Friday that the government has approved the transaction first proposed in 2021.
As part of the deal, Shaw’s wireless business, Freedom Mobile, will be sold to Quebec-based Videotron.
The approval comes with 21 conditions that the government says are “legally enforceable,” including that Videotron will start to offer plans that are comparable to those currently available in Quebec, and they can’t sell the wireless
Help Support the Work of WNews
This story was originally published on CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/business/rogers-shaw-approval-1.6797175?cmp=rss.