reply to elwoodblues
Re: Shaw sells Mountain Cablevision to Rogers
said by elwoodblues:EACH time when any change happens in our small Canadian telecom world, even a small, small change, this rumor appears ... It is just funny. I do not see WHY Cogeco would sell ...
HA, the rumors of Cogeco's sale have come up again with this sale.
Same reason the Waters family sold CHUM to CTV, MONEY.
While settle for a paltry 2m/yr (split 5 ways) in yearly return, when you can get a huge payday now and not worry about the company making or losing money.
North York, ON
PIAC, CIPPIC, Open Media, and others request that the Minister stop the sale of the AWS spectrum that was reserved for new entrants which Shaw purchased, from being sold to Rogers, as its against the original intents of the auction.--
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