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Stock impact report

Rogers rejects rivals' criticism on Shaw deal, offers some concessions [Business News Network (BNN) (Canada)]

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
the criticism of its main rivals, while offering some concessions to independent producers and distributors. Ted Woodhead, senior vice-president of regulatory affairs at Rogers, says comments by BCE Inc. and Telus Corp. that the merger would make Rogers too dominant rang hollow as the two have long been advocating for the need for scale. The two competitors, along with other speakers during the week of hearings focused on broadcast issues of the merger, raised concerns that Rogers would wield too much influence in the market by controlling about 47 per cent of the English-language subscriber base through the Shaw deal. Woodhead says the company's scale would mean stronger competition in Western Canada, and that there are more regulatory safeguards in place than there were when the CRTC forced concessions from Bell when it bought Astral Media in 2012. Pam Dinsmore, vice-president of regulatory at Rogers Cable, says some of the suggestions put forth by independents during the we Show less Read more
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