At press conference, BCE said it hopes independent customers will not be in the ‘reduced’ retail presence of Shaw Communications’ division
The telecom company BCE launched a campaign to fight against the proposed $4.4bn acquisition of rival Shaw Communications Inc. by Rogers Communications Inc. saying there is “no justification” for the deal, calling it “short-sighted”.
BCE said it hopes independent customers of Shaw’s division of Shaw Media will not be in the “reduced” retail presence of Shaw Communications.
Opposition to the deal, if it goes through, will increase competition in both the traditional pay television and Internet streaming marketplace and will have an “unintended negative impact” on customers who are largely vulnerable, said Bell Canada president Jay Mehr.
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“The measures that Shaw Media are putting forward clearly demonstrate a lack of respect for Canadian customers,” said Mehr. “This proposal undermines the efficient market and should be rejected.”
The BCE statement followed another campaign by an independent group of telecoms and content providers who called on the Canadian Radio-television and Telecommunications Commission (CRTC) to block the Rogers-Shaw deal, citing concerns that it would lead to higher prices, particularly for Indigenous customers.
The CRTC will hear oral arguments for and against the deal Monday. The regulator is expected to make a decision by early October.