We have Shaw Satellite for TV and Start.ca for internet (uses Cogeco cable). Cell is Speakout which is on Rogers. All work well. But who knows going forward
Shaw is competing quite well in wireless. They're growing tons every quarter, margins going up, average revenue per user. And when you compared 5g CAPEX costs vs their balance sheet, they can easily build out a 5G network.Shaw can't compete against the Big 3 in wireless. And they don't want to. That is why they are selling. A 4th player cannot compete. There is a strong possibility that Shaw and Rogers combine cable operations and spin out Freedom Mobile. Of course, that will be the end of Freedom Mobile as a major player. They can't afford to expand their network, forget about 5G which will cost far more than 4G by many factors.
In the late 1960's as a teenager I had my own phone line (BC Tel) and paid 6.25 a month for it. (I had a paper route and made $30.00 per month- lol) . I recently plugged the $6.25 into Canada's inflation calc and it works out to $44.00. Of course long distance charges then were expensive, not like now unlimited Canada wide for most cell phones now. I use magic jack at home. Unlimited Canada /USA ... about $40.00 per year. I do think we're getting squeezed on Internet though. Think I'm paying $95 a month for that with Shaw.Blows my mind people complain about their phone bills with unlimited data and everything else nowadays. yea those networks build themselves for nothing apparently
We have Ooma at home. Just the basic service. Free, except it actually costs about $5/month because of service charges. Canada wide calling. I had fre NA wide calling with Google Voice, but seems they have cut me off because I no longer have a US phone number that is required for registration. I do have Google Hangups, but not sure yet if that allows NA wide calls. So far, we just use Skype for US LD calls.I use magic jack at home. Unlimited Canada /USA ... about $40.00 per year. I do think we're getting squeezed on Internet though. Think I'm paying $95 a month for that with Shaw.
The thing is...I asked earlier but perhaps I'm the only person thinking of shorting SJR.B. I'm still thinking of going short.
If all the great buyout news is already priced in, isn't there more potential downside than upside? What if the deal gets denied (since it's clearly anti competitive) or if market conditions turn sour before closing date?
Rogers shouldn't be allowed to buy Shaw. It's bad for the country, bad for consumers.
Maybe not if this becomes more common!Yes buying RCI.B is a better option than shorting Shaw.
G&M article today summarizing Quebecor/Videotron's interest (and financial capability) to expand nationally or even buying Freedom per their Q1 earnings call today. Addresses the 4th national carrier/wireless competition issue and provides another path for the Rogers-Shaw deal to go through.It's pretty clear with recent wireless changes that this deal is likely to go through in one form or another, certainly the cable side. The wireless side may actually largely go too, given other regional players will be able to launch nationally eventually in one form or another. The spread has started to narrow.
Monopolies/Oligopolies are tough enough for consumers. It's why we have such high cell, data and bank fees. However, they are great for shareholders. I expected share price to fall further as a result. Rogers down 4% and Shaw down 7% is a lot on a green day but not when most everything else was down 3% or more.Good to see government doing its job and at least questioning whether this merger is legal.
We have laws in this country to prevent the expansion of monopolies. As I said before "Rogers shouldn't be allowed to buy Shaw. It's bad for the country, bad for consumers."
Hope to see this deal killed. As a country we have to protect ourselves from growth of monopolies.
They are a major provider of broadband internet to the home (via their cable infrastructure) and I think that business is doing fine. They provide all the same internet/TV bundles as Rogers at about the same margins in their geography.SJR seems to be in is that it is steadily losing cable customers