OTTAWA—Rogers Communications Inc. and Shaw Communications Inc., two of Canada’s largest wireless, TV and internet communications companies, said Saturday the country’s antitrust watchdog intends to block their planned $16 billion merger, and they plan to go to court to save the deal.
Rogers and Shaw unveiled the planned transaction last year, one of the most high-profile Canadian deals in years, and said the merger would help accelerate the deployment of 5G wireless service across the country. From the get go, however, the merger has faced public skepticism, given concerns that the wireless-service business in Canada is already too concentrated among a few companies.
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