Rogers profit surged 30% in 1st quarter before taking control of Shaw
saw its profit increase by 30 per cent to $511 million in its most recent quarter as it prepared to close a deal to buy Shaw Communications Inc.
The two companies only got final government approval for the deal to move forward earlier this month, after agreeing to several terms including selling Shaw’s wireless business, Freedom Mobile, to Quebec-based Videotron. “There’s lots of work to do, but I am very encouraged with the energy and excitement that I have seen in both the east and west as we bring these two strong companies together,” he said on a Wednesday call with analysts.He added that he has spent much of the last month in the west, meeting with Rogers staff, customers and local governments and plotting further moves that will integrate Shaw.Rogers will relocate around 300 Shaw call centre jobs based overseas to B.C.
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