Shaw to pay $90M for 35,000 Monarch Cable subscribers (old news - 06:42PM Monday Sep 08 2003)
Shaw Communications Inc is paying $90 million to Monarch Cablesystems Ltd for cable-TV operations serving 35,000 subscribers in Alberta and southeastern British Columbia.
Canada's second-largest cable-TV company said Monday that the transaction, subject to approval by the Canadian Radio-television and Telecommunications Commission, covers systems in Medicine Hat, Taber, Brooks, Canmore, Banff and Lake Louise in Alberta, and Hope, Fernie and Kimberley in B.C.
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