Rogers-Shaw deal clears major hurdle after CRTC approves merger, with conditions
Calgary Herald: 'The $26-billion takeover of Shaw Communications by rival telecommunications giant Rogers Communications Inc. leapt a major hurdle Thursday with approval from the Canadian Radio-television and Telecommunications Commission, subject to conditions and modifications.
'“Given the nature of this transaction, we have put in place safeguards aimed at addressing potential risks to the broadcasting system for both consumers and programming services,” said Ian Scott, chair of the CRTC. “Rogers must honour all existing contracts for Shaw customers. This adds to the safeguards already in place, which allow Canadians to subscribe to a basic television package and to select channels either individually or in small packages.”'