Quebecor CEO Péladeau says Competition Bureau concerns about Freedom Mobile deal are ‘incomprehensible’

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Quebecor CEO Pierre Karl Péladea says it’s incomprehensible that the Competition Bureau believes telecom competition in Canada will be higher if the Shaw-Rogers transaction is rejected

The Commissioner of Competition is attempting to block Rogers Communications Inc.’s $26-billion takeover of Shaw Communications Inc., arguing that the deal would result in poorer service and higher prices for wireless customers.

Mr. Péladeau said Freedom Mobile will be “much weaker” if Shaw continues to run it, given that the wireless carrier has competed less aggressively since the merger with Rogers was announced in March, 2021, and that it sat out a crucial auction for 5G airwaves. If the Rogers-Shaw merger is rejected, Quebecor could use the telecom regulator’s new wireless policy to expand to other provinces. In April, 2021, the Canadian Radio-television and Telecommunications Commission ruled that the Big Three national wireless carriers – Rogers, BCE Inc. and Telus Corp. – and SaskTel must sell network access to eligible regional competitors.

He added that if the approval process for the merger drags on, it could affect Freedom Mobile’s subscriber base. In the meantime, if Calgary-based Shaw prioritizes its Shaw Mobile business, which Rogers is planning to acquire, over Freedom, that could send the wrong message to the Competition Bureau.Rogers has said it hopes to reach a settlement with the competition watchdog and avoid a lengthy hearing at the Competition Tribunal.

 

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Grifter.

Any chance that Western Canada cell phone owners do not see ownership from this group should be welcomed by all. He is divisive, period.

That’s alright - so are his politics…

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