The Desk appreciates the support of readers who purchase products or services through links on our website. Learn more...

Canadian cable giants Rogers, Shaw announce merger

Canada’s largest cable television provider Rogers Communications has agreed to buy the country’s second-largest cable TV company Shaw Communications in a deal valued at over C$20 billion ($16 billion U.S.), the two media giants announced in a press release on Monday.

The merger is expected to be competed in early 2022 if both companies secure approvals from Canadian regulators.

If approved, Rogers has promised to invest more than C$2.5 billion ($2 billion U.S.) in building out 5G wireless networks in western Canada where Shaw primarily offers cable television services. Rogers also promised to set aside funds for building up broadband networks in rural and indigenous areas.

In addition to cable television, Rogers operates a national wireless phone network with more than 10 million subscribers, while Shaw offers satellite television throughout the country.

Never miss a story

Get free breaking news alerts and twice-weekly digests delivered to your inbox.

We do not share your e-mail address with third parties; you can unsubscribe at any time.

Photo of author

About the Author:

Matthew Keys

Matthew Keys is the award-winning founder and editor of TheDesk.net, an authoritative voice on broadcast and streaming TV, media and tech. With over ten years of experience, he's a recognized expert in broadcast, streaming, and digital media, with work featured in publications such as StreamTV Insider and Digital Content Next, and past roles at Thomson Reuters and Disney-ABC Television Group.