Home » Canada »Competition »Rogers »Shaw »Wireless Broadband » Currently Reading:

The Big Get Bigger: Rogers Acquires Shaw’s Unused Wireless Spectrum, Mountain Cablevision

Phillip Dampier January 15, 2013 Canada, Competition, Rogers, Shaw, Wireless Broadband 1 Comment
Mountain Cablevision was part of Shaw Communications but now will be owned by Rogers.

Mountain Cablevision was owned by Shaw Communications but has been purchased by Rogers.

Rogers Communications, already Canada’s largest mobile-phone company, will grow even larger with the acquisition of Shaw Communications’ unused wireless spectrum and a Shaw-owned cable company making inroads in Rogers’ backyard in southwestern Ontario.

Rogers has agreed to pay $300 million for the spectrum and $400 million for Hamilton, Ont.-based Mountain Cablevision, Ltd. In return, Shaw will acquire a one-third interest in Rogers’ TVtropolis network.

Shaw is getting a premium price for the wireless spectrum it acquired in 2008 for $190 million. Shaw, like many American cable companies, originally planned to launch competing mobile phone service but aborted the effort in 2011, deciding to invest in its broadband service and construct a Wi-Fi network in western Canada instead.

Rogers CEO Nadir Mohamed told Bloomberg News the spectrum is needed to meet growing demands from Canadian wireless broadband customers.

“The wireless business is defined by what I would describe as an explosion in terms of usage,” Mohamed said. The new spectrum “will help us meet that demand in terms of capacity and speed.”

Rogers is by no means finished acquiring spectrum. The company plans to borrow as much as $800 million to purchase more at the next Canadian spectrum auction later this year.

Currently there is 1 comment on this Article:

  1. Anon says:

    This seems to be part of a three proposed years ago wait for eastlink to squire st.johns nfld. and Shaw to acquire Eastlink’s BC assets.

Search This Site:

Contributions:

Recent Comments:

  • William: I seem to be in the same situation. These are a few of the points I demand a solution to. Many of my clients have been paying for DSL Max though t...
  • finest food: Wonderful site you have here but I was wondering if you knew of any discussion boards that cover the same topics discussed in this article? I'd real...
  • diet pills work: Very good blog you have here but I was curious about if you knew of any message boards that cover the same topics talked about here? I'd really love ...
  • body boost: Hello, this weekend is good in favor of me, because this point in time i am reading this fantastic educational article here at my house....
  • Michael: I had U300 & 24mpgs (Max Turbo) internet. I called - spoke to a nice lady, who tried to rebundle me with a home line - not interested. I was alrea...
  • Kate: My 2 year contract expired in September and the bill jumped $50.00 for a bundle of voice, internet, and tv. I compared packages with competitors f...
  • AC: I have this distinct feeling that nothing will change since they pretty much never lift a finger and the revolving door bureaucracy will keep milking ...
  • Jim Livermore: I don't watch enough on YouTube to really notice, but the option to pay for an ad-free experience would be nice. I have noticed Hulu+ is lowering the ...
  • Rob: Interesting that big cable's response has absolutely nothing to do with the internet speed C Spire's Fiber to the Home is bringing to Mississippians. ...
  • C: It's about time they do something about this problem. I've been an AT&T customer for 10yrs and this month was the first time I went over the 5gb a...
  • d0764: I would actually be ok with paying $5 a month to get rid of the ads. As long as the only thing that goes are the ads with the subscription. The rest b...
  • Herb Finn: Weigel also licences the bulk of the key and evergreen classic TV shows in the CBS owned CBS/Viacom/Desilu/Paramount/Speling TV library, so they HAD t...

Your Account: