Global National: March 15, 2021, What will Rogers, Shaw merger mean for consumers
On this episode of Global National: With a multibillion dollar deal that would merge two of the most powerful business families in Canada, Rogers Communications has agreed to buy its rival Shaw Communications, and red flags are already being raised for what it could mean for consumers. The transaction is valued at CA26 billion, including 6 billion in debt. Rogers and Shaw carved up Canada when it came to cable and Internet service while they were fierce competitors when it came to the wireless sector. Now Rogers is promising to spend 2. 5 billion to build 5G networks in western Canada, plus 1 billion to give rural, remote and Indigenous communities highspeed Internet. None of it will happen unless it gets federal approval and that will require explaining why less competition is good for consumers. Mike Drolet has more. Plus, the Kielburgers were back in the spotlight today. Brothers Craig and Marc, founders of WE Charity, were grilled by the House of Commons ethics committee i
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