Shaw Communications Inc.

Shaw Communications Inc.

SJRWF
Shaw Communications Inc.US flagOther OTC
30.01
USD
+0.08
- -
14.71BMarket Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Bradley S. Shaw
Full Time Employees
9,300
Sector
Communication Services
Industry
Telecommunications Services
Address
630–3rd Avenue SW Calgary AB Canada T2P 4L4
Website
shaw.ca
Business
Shaw Communications Inc. (Ticker: SJRWF) was a leading Canadian telecommunications company providing cable television, high-speed internet, digital phone, video distribution, WiFi, satellite services, and wireless communications through brands including Freedom Mobile and Shaw Mobile; its wireline offerings encompassed consumer broadband, data networking via a national fibre-optic backbone, business network services such as enterprise internet, telephony, video, and fleet tracking; and satellite video distribution through Shaw Direct serving customers nationwide. The company operated primarily in Western Canada, including Alberta and British Columbia as core markets, with additional cable systems in Saskatchewan, Manitoba, and Northern Ontario, alongside wireless services in Alberta, British Columbia, and Southern Ontario. Founded in 1966 as Capital Cable Television Company, Ltd. by JR Shaw in Edmonton, Alberta, the company was headquartered in Calgary, Canada, and grew through acquisitions and expansions before undergoing significant restructuring. In a transformative development, Shaw Communications was acquired by Rogers Communications Inc. in a CAD $26 billion transaction that closed on April 3, 2023, following regulatory approvals from the CRTC, Competition Tribunal, Federal Court of Appeal, and the Minister of Innovation, Science and Industry; this merger amalgamated Shaw into Rogers, with most operations rebranded under the Rogers brand or the transitional "Rogers together with Shaw" in former Shaw markets starting July 2023. Concurrently, Shaw divested its Freedom Mobile wireless subsidiary to Videotron (a Quebecor Inc. unit) for CAD $2.85 billion as a condition of the Rogers merger, enhancing competition in the Canadian telecom sector; post-acquisition, Shaw no longer operates as an independent entity, though certain subsidiaries like Shaw Cablesystems persist as legal structures under Rogers. These changes followed prior strategic moves, including the 2016 acquisition and rebranding of Wind Mobile to Freedom Mobile, and the divestiture of media assets to Corus Entertainment.