“Rogers, Shaw and Shaw Family Living Trust remain committed to the merger, and continue to pursue the divestiture of Freedom Mobile to Quebecor (Inc.) on the terms previously disclosed,” the companies said in a statement. He told analysts there has been some “impact on subscriber results” since the Rogers network outage, particularly in the early days. With the bulk of the third quarter remaining, including back-to-school season, Staffieri said Rogers is comfortable maintaining its performance guidance for the full year. Dubreuil said the extended closing date for the merger with Shaw is a hopeful sign. “We believe the worst is over and expect continued profitability in the second half of the year,” Staffieri told analysts.

Source: National Post July 28, 2022 14:04 UTC