Shaw Communications buying WIND Mobile for $1.6 billion

December 16, 2015 by
WIND Mobile Store 
 
Shaw Communications announced on Wednesday that they have reached an agreement to buy WIND Mobile for $1.6 billion. The deal is pending a number of regulatory approvals, including the Competition Bureau and the Ministry of Innovation, Science & Economic Development. Shaw expects the transaction to close in the third quarter of 2016.

WIND Mobile is the fourth-largest mobile operator in Canada with just shy of 1 million subscribers. Bell, TELUS and Rogers have  about 9 million subscribers each. 

By adding WIND Mobile Shaw will now be able to put together television, internet, home phone and wireless packages allowing them to compete with Bell, TELUS & Rogers.

We don't think we'll see any changes to wireless costs for Canadian consumers any time soon. Shaw has a lot of work to do to expand the WIND mobile network to provide LTE, better and more coverage across Canada. 
 
 

Posted in: Freedom Mobile, Industry News


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