
Rogers sells $4.9bn stake in wireless network to Blackstone
Blackstone will hold a 49.9 percent stake in Rogers' new network subsidiary
Blackstone will hold a 49.9 percent stake in Rogers' new network subsidiary
All 75 stations and tunnels are covered
The company completed a merger with Shaw Communications earlier this year
The Bureau had attempted to block the merger deal
LEO satellite operators get another telco customer
Plans to build out a 5G network to Toronto's subway system
The merger is set to create Canada's second biggest mobile operator
The deadline was initially set for January 31, 2023
The Competition Bureau had sought to stop the deal
However, Canada's Federal Court of Appeal has granted a temporary suspension of the decision