A joint statement on behalf of Rogers Communications and Shaw Communications
March 03 2022 - 5:41PM
We continue to work constructively with the government and
regulators to close this transaction and deliver the benefits of
the merger to all Canadians. We share the government’s view that
affordable, high-quality services should be available to every
Canadian and by coming together, Rogers and Shaw will make the
generational investments in networks and technology that Canada
needs to create new jobs, increase competition, and bridge
connectivity gaps in rural and remote areas. We continue to expect
the transaction to close in the first half of 2022.
About Rogers
Rogers is a leading Canadian technology and
media company that provides world-class communications services and
entertainment to consumers and businesses on our award-winning
networks. Our founder, Ted Rogers, purchased his first radio
station, CHFI, in 1960. Today, we are dedicated to providing
industry-leading wireless, cable, sports, and media to millions of
customers across Canada. Our shares are publicly traded on the
Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York
Stock Exchange (NYSE: RCI). For more information, please
visit: www.rogers.com or https://investors.rogers.com/.
About Shaw
Shaw Communications Inc. is a leading Canadian
connectivity company. The Wireline division consists of Consumer
and Business services. Consumer serves residential customers with
broadband Internet, Shaw Go WiFi, video and digital phone. Business
provides business customers with Internet, data, WiFi, digital
phone and video services. The Wireless division provides wireless
voice and LTE data services. Shaw is traded on the Toronto and New
York stock exchanges and is included in the S&P/TSX 60 Index
(Symbol: TSX – SJR.B, NYSE – SJR, and TSXV – SJR.A). For more
information, please visit www.shaw.ca.
Caution Regarding Forward Looking
Statements
This news release includes forward-looking
statements within the meaning of applicable securities laws,
including statements about expected results and the potential
outcome of the proposed transaction with Shaw Communications Inc.
By their nature, forward-looking statements require Rogers to make
assumptions and predictions and are subject to inherent risks and
uncertainties and other factors (many of which are beyond our
control) which give rise to the possibility that actual results or
events could differ materially from our expectations expressed in
or implied by such forward-looking statements. As a result, readers
are cautioned not to place undue reliance on forward-looking
statements. All forward-looking statements are made pursuant to the
“safe harbour” provisions of the applicable Canadian and United
States securities laws. Except as required by law, Rogers disclaims
any intention or obligation to update or revise forward-looking
statements.
Rogers Communications media
contact1-844-226-1338media@rci.rogers.com
Rogers Communications investment community
contactPaul
Carpino647-435-6470paul.carpino@rci.rogers.com
Shaw Communications Inc. contact: Chethan
Lakshman, VP, External Affairs (403)
930-8448chethan.lakshman@sjrb.ca
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