MONTREAL, March 3, 2022 /CNW Telbec/ – Quebecor takes note of the statement by the Honorable François-Philip Champagne, Minister of Innovation, Science and Industry, regarding the proposed purchase of Shaw by Rogers. The federal government’s recognition of the importance of ensuring healthy competition in from Canada the telecommunications industry and its desire not to allow the transfer of wireless licenses from Shaw to Rogers is a step in the right direction.
“As things stand, the proposed transaction between Rogers and Shaw is contrary to the public interest,” said Pierre Karl Péladeau, President and CEO of Quebecor. “Like Bell, Rogers and Telus already control 90% of from Canada wireless market, it is imperative to create the conditions necessary for genuine competition in order to offer consumers more choice, better prices, better services and more innovation. »
The Competition Bureau’s expectation of Canada decision on the Rogers-Shaw transaction could also be an opportunity to create the momentum for real and lasting competition, to the benefit of Canadians.
Quebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the most successful integrated communications companies in the industry. Driven by their determination to offer the best possible customer experience, all of Quebecor’s subsidiaries and brands stand out through their quality, multi-platform and convergent products and services.
The Quebec company Quebecor (TSX: QBR.A, QBR.B) employs more than 10,000 people in Canada.
A family business founded in 1950, Quebecor is strongly committed to the community. Each year, it actively supports more than 400 organizations in the vital areas of culture, health, education, environment and entrepreneurship.
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SOURCEQuebecor Media Inc.
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