Description: The Government of Canada has approved Rogers takeover of Shaw. The move grants Rogers an even greater share of Canada’s cable and media business. But Rogers mobile phone business will see only limited gains as it picks up the smaller prize, Shaw Mobile, which operates primarily in Alberta and BC. The larger portion of Shaw’s cellular operations, Freedom Mobile, has to be sold to Quebec-based Videotron to satisfy the federal government’s mandate to protect consumers against too much corporate concentration.
Date: March 31, 2023
1) What do you think of the cellular rates you are paying?
2) How do you think Rogers’ purchase of Shaw will impact the wireless market in Canada?
3) On page 13-4 of Wiley’s Managerial Accounting: Tools for Business Decision-Making we read about Rogers Communications capital expenditures in 2019. How much did the company expend in this category in its most recent fiscal year?