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MFido

join:2012-10-19
kudos:2
reply to elwoodblues

Re: Shaw sells Mountain Cablevision to Rogers

said by elwoodblues:

HA, the rumors of Cogeco's sale have come up again with this sale.

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 ...


elwoodblues
Elwood Blues
Premium
join:2006-08-30
Somewhere in
kudos:2

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.


resa1983
Premium
join:2008-03-10
North York, ON
kudos:10

Click for full size
downloadpiac_cac_omc···ctrum_op 126,134 bytes
(piac_cac_omca_cippic_cocso_letter_re_shaw_rogers_aws_spectrum_option_agreement.p)
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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