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Rogers wraps deals for Mobilicity, Shaw airwaves

Jul. 02, 2015 5:35 PM ETRogers Communications Inc. (RCI) Stock, SJR.B:CA StockBy: Jason Aycock, SA News Editor
  • Rogers Communications (RCI +0.2%) has wrapped up its acquisition of Mobilicity, as well as its deal to buy AWS wireless spectrum from Shaw Communications (NYSE:SJR).
  • The company had agreed to pay C$440M (about $350.8M today) for the mobile provider, and C$100M additional (about $79.7M) to close on Shaw's airwaves. Rogers had previously paid $250M for a purchase option on the spectrum.
  • With the deal complete, Rogers will gain access to new capacity in key markets in British Columbia, Alberta and Ontario.
  • Previously: Rogers-Mobilicity deal: Getting airwaves from Shaw, selling to Wind (Jun. 24 2015)
  • Previously: Rogers to buy bankrupt Mobilicity for $378M (Jun. 24 2015)

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