Shaw Communications says its proposed $1.6-billion takeover of Wind Mobile will provide an affordable entry into the wireless industry and an expansion beyond Western Canada where it has its customer base.
Company president and chief executive Brad Shaw told analysts that it has been clear that Western Canada’s largest cable company needed to be a player in mobile communication but the costs were too high until recently.
He says the acquisition of Wind Mobile will give Calgary-based Shaw a ready-made wireless operation with more than 900,000 customers, mostly in Ontario, Alberta and British Columbia.
Record – December 17, 2015.
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