'You never say no': Shaw on potential Rogers merger [Business News Network (BNN) Energy & Resources (Canada)]
Shaw Communications Inc. (SJR)
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Source: Business News Network
'You never say no': Shaw on potential Rogers merger The CEO of Shaw Communications Inc. isn’t closing the door on a merger with Rogers Communications Inc. despite saying his company is "in a great spot." “You never say ‘no,’” Brad Shaw told BNN Bloomberg Thursday in an interview when asked about the possibility of a merger ever happening. “We’ve made a lot of moves in the last few years to pivot to growth,” he added. “Long-term, sustainable growth. We sold media. We got into wireless. We deployed billions of dollars and we feel we’re in a great spot.” Shaw has increased its focus on wireless since acquiring Freedom Mobile in 2016 and expanded its LTE coverage starting in Calgary in October with a recently-acquired Band 13 spectrum. Its investments in wireless come years after the company abandoned plans to launch a near-national service after spending $189.5-million on wireless licences in 2008. It later sold those spectrum assets to Rogers for about $300 million in 2013. Since then,
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