Shaw Communications Inc. today announced that an affiliate has entered into an agreement to acquire Mountain Cablevision Limited Cablevision, one of the last remaining independent cable companies in Canada, The deal, which is subject to CRTC and Toronto Stock Exchange approvals, will consist of cash and may also include the issuance of Class B non-voting participating shares. No other terms were disclosed. “The Boris Family, who owns Mountain Cablevision, has built a tremendous franchise over the last 50 years. Mountain Cablevision’s industry leading penetration rates are proof that their products and services are of superior quality and are delivered with a strong focus on customer service,” said Jim Shaw, CEO and vice chair of Shaw. The Hamilton ON-owned company has about 41,000 cable customers, 28,000 internet subscribers and 27,000 telephone customers.