CRTC approves Rogers’ $26B takeover of Shaw, but with costly conditions

Less Competition Higher Prices?

The Canadian Radio-television and Telecommunications Commission has approved Rogers Communications Inc.’s acquisition of Shaw Communications Inc.’s broadcasting services, but will force the company to meet a series of conditions it laid out Thursday.

The approval from the broadcasting regulator is the latest of several hurdles Rogers must clear as it tries to close the $26-billion deal it signed in March 2021 that will see it acquire 16 cable services based in Western Canada, a national satellite television service and other broadcast and television services.

Tags: Broadcasters, CRTC, Rogers, Shaw