Home Page News Briefs People Media Telecom Archives About Us GET FREE NEWS UPDATES
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers


Shaw looks to enter wireless market with $1.6B deal for Wind

telecom | 12/17/2015 1:45 am EST

The Big Three may have just become the Big Four, as Shaw Communications Inc. announced Wednesday it is attempting to become a wireless provider by acquiring Wind Mobile. Shaw said in a press release the deal means Shaw will acquire Canada's largest non-incumbent wireless provider, which currently has 940,000 subscribers in Ontario, British Columbia and Alberta, along with 50 MHz of spectrum in each province. It said the deal has an “enterprise value of approximately $1.6 billion.” Shaw spokesman Chethan Lakshman said Wind is being paid for with “100 per cent...