Rogers set to buy Mountain Cable, would license wireless spectrum from Shaw for $710 million

Rogers prepares to spend $710 million to buy Mountain Cablevision Limited, would license wireless sp.

@anthony256
Published Tue, Jan 15 2013 2:30 AM CST   |   Updated Tue, Nov 3 2020 12:25 PM CST

Reuters is reporting that Canadian telco Rogers is preparing to buy Mountain Cablevision Limited and license wireless spectrum from cable company Shaw Communications. The deal would be worth $710 million.

Rogers set to buy Mountain Cable, would license wireless spectrum from Shaw for $710 million | TweakTown.com

This could pave the way for Rogers to buy spectrum licenses from Shaw in Alberta, British Columbia, Manitoba, Northern Ontario and Saskatchewan. TVtropolis, which is a cable channel jointly owned between Shaw and Rogers would see the remaining Shaw-owned stake purchased by Rogers for around 59 million Canadian dollars.

At the moment, there's no word when all of this will be penciled in, but it shouldn't be too far away.

NEWS SOURCE:engadget.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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