Shares of Rogers Communications Inc slipped on Monday as analysts voiced concerns over increased risk to the Canadian telecom operator's C$20 billion deal for rival Shaw Communications following a 19-hour outage.
The unprecedented outage on Friday affected nearly every facet of daily life in Canada as access to internet and phone services, both mobile and landline, was cut off. Some callers could not reach emergency services via 911 calls, police across Canada said. Friday's disruption came two days after Rogers held talks with Canada's antitrust authority to discuss possible remedies to its blocked takeover of Shaw.
Rogers' second outage in 15 months has led consumers and politicians to call on the government to allow more competition in the sector. Rogers, BCE Inc and Telus Corp control 90 per cent of the Canadian telecommunications market.
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