Rogers’ CEO Tony Staffieri says the corporate has been solidifying its “integration plans” because it waits for approval from Innovation Minister Francois-Philippe Champagne.
“The time has allowed us to do is solidify our integration plans whereas on the identical time, over the past yr and a bit, we went via a little bit of our personal transformation inside every of our companies, inside wi-fi and cable and media,” Staffieri stated at Scotiabank’s TMT conference Tuesday, as reported by Cartt.
The Minister is chargeable for approving Vidéotron’s acquisition of Shaw’s wi-fi licenses via Freedom Cellular. The deal performs a serious function in Rogers’ $26-billion takeover of Shaw.
“We’re coming into the transaction from a stronger place than we’d’ve been 16 months in the past, in order that’s been actually useful,” Staffieri stated. “When it comes to the execution steps that we now have, they’re locked and loaded and able to go since we’ve had extra time to do it. So at a really structural degree — extra preparedness, the atmosphere is healthier as properly.”
On the February thirteenth Industry and Technology committee meeting, Champagne stated “there shall be a choice sooner or later.” Rogers, Shaw and Québecor not too long ago prolonged their self-imposed deadline to March 31st.
By way of: Cartt
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