Lacavera says Globalive interested in buying Shaw’s Freedom Mobile assets
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 14/03/2022 (1648 days ago), so information in it may no longer be current.
TORONTO – Anthony Lacavera says Globalive is interested in buying Shaw Communications Inc.’s Freedom Mobile wireless assets.
Lacavera founded Wind Mobile and built it into the country’s fourth-largest wireless business before selling it in 2016 to Shaw, which rebranded it Freedom Mobile.
Rogers Communications Inc. has signed an agreement to buy Shaw, however the deal faces reviews by three different federal regulators including the Competition Bureau and the CRTC as well as spectrum regulator Innovation, Science and Economic Development Canada (ISED).
The deal faces opposition in part due to concerns about what it would mean for competition in the wireless industry. Industry watchers expect that Shaw will have to sell some of its assets as a condition of any approval of the deal.
Federal Industry Minister Francois-Philippe Champagne has said that the wholesale transfer of Shaw’s wireless licences to Rogers is fundamentally incompatible with the government’s policies for spectrum and mobile service competition.
Lacavera, Globalive’s chairman, says the company is well-capitalized and has a successful track record of bringing competition to the Canadian marketplace.
“We brought prices down for consumers with Wind Mobile and we will do it again,” he says.
This report by The Canadian Press was first published March 14, 2022.
Companies in this story: (TSX:SJR.B, TSX:RCI.B)