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Stock impact report

Rogers rejects criticism from competitors on Shaw deal, offers some concessions [Globe and Mail, The (Toronto, Canada)]

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
criticism of its main rivals, while offering some concessions to independent producers and distributors. Ted Woodhead, senior vice-president of regulatory affairs at Rogers, said Friday that Bell Canada parent BCE Inc. decrease and Telus Corp. were speaking in self interest rather than the public interest when raising concerns about the size Rogers would reach if the deal goes through. “For decades, these two companies have consistently advocated for the notion of scale for themselves, but have now decided that scale is a bad thing when it comes to Rogers and Shaw.” Woodhead said the combined company would lead to stronger competition in Western Canada, and that there are more regulatory safeguards in place than there were in 2012 when the CRTC forced concessions from Bell before approving its purchase of Astral Media. He noted Bell was also in talks to buy Shaw's assets, which would have seen BCE reach the same scale Rogers is seeking with the deal. The two major competitor Show less Read more
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