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Shaw Communications Inc.
Type Public (TSXSJR.B NYSESJR)
Founded 1966 (as the Capital Cable Television Co. Ltd.)
1984 (as Shaw Cablesystems Ltd.) Canada Edmonton, Alberta, Canada
Headquarters Canada Calgary, Alberta, Canada
Headquarters in Calgary
Key people J.R. Shaw (Chairman) Peter J. Bissonnette (President) [1]
Industry telecommunications
Products cable television, high speed internet, telephone
Revenue $3.4 billion CAD (2009)
Net income $535.2 million CAD (2009)
Employees 10,000 (2008)[2]
Website www.shaw.ca
The former logo of Shaw Communications, used until 1997

Shaw Communications is a Canadian telecommunications company that provides telephone, Internet and television services. Shaw is headquartered in Calgary, Alberta. It provides services mostly in British Columbia and Alberta, with smaller systems in Saskatchewan, Manitoba, Northwestern Ontario and Hamilton, Ontario.

Contents

History

Shaw was founded as Capital Cable Television Co. Ltd. in Edmonton, Alberta, in 1966.[3] The company changed its name to Shaw Cablesystems Ltd. and went public on the TSX in 1983. The company grew during the 1980s and 1990s through acquisitions of firms including Classicomm in the Toronto area, Access Communications in Nova Scotia, Fundy Cable in New Brunswick, Trillium Cable in Ontario, Telecable in Saskatchewan, and Videon Cablesystems of Winnipeg, which had itself previously acquired Vidéotron's assets in Alberta. However, two swaps, in 1994 and 2001, with Rogers Cable have resulted in its assets being restricted to western Canada and a few areas of northern Ontario.[4]

In July 2009, Shaw announced that they will be acquiring Mountain Cablevision [5] in Hamilton, Ontario, ending a ten-year-old non-competition agreement [6] with rival Rogers Cable. Approval of the purchase on October 22, 2009 [7] by the regulatory body CRTC has been granted, and it was stated to be in the public's interest. [8] The acquisition was Shaw's first cable property east of Sault Ste. Marie since the 2001 swaps with Rogers and Cogeco.

In February 2010, Shaw announced an agreement with Canwest, whereby Shaw will buy an 80% voting interest, and 20% equity interest, in the restructured entity of Canwest, pending approvals from the CRTC and others. Canwest's newspapers are not part of the Shaw deal and will be sold separately.[9]

On February 25, 2010 it announced that Shaw Communications has won a court battle to continue their plans to purchase assets & voting shares from CanWest. After the announcement Shaw revealed that its investment amounts to a minimum of $95-million in exchange for 20 per cent of the equity and an 80-per-cent voting interest in the restructured company.[10]

Other Activities

Shaw is the parent of Shaw Broadcast Services (previously Shaw Satellite Services, Canadian Satellite Communications, or Cancom) and, through Shaw Broadcast Services[11], Shaw Direct, one of Canada's two national direct broadcast satellite providers. For many years it also owned a number of radio stations and specialty television services; these assets were later spun off into Corus Entertainment in an effort to satisfy a now-repealed Canadian Radio-television and Telecommunications Commission (CRTC) policy discouraging cross-ownership of cablesystems and specialty services.

In 2008, Shaw entered the Advanced Wireless Spectrum auction with the intention of possibly becoming a wireless phone provider. The auction ended July 2008, giving Shaw Communications enough spectrum to build a wireless network in its home provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario.[12]

Television

Shaw has been slowly expanding its television offerings over the last few years, with most of the increases occurring in the HDTV part of the dial. In 2008, Shaw added Speed HD, Encore Avenue HD, TLC HD, Super Channel 1 & 2 HD and HBO Canada HD. There are packages of full-HD channels such as those offered by High Fidelity HDTV, which offer entirely high-definition content and have not yet been picked up by Shaw.

On April 30, 2009, Shaw announced a deal to acquire three television stations — CHWI-TV in Windsor, Ontario, CKNX-TV in Wingham, Ontario and CKX-TV in Brandon, Manitoba — from CTVglobemedia. CTV had indicated that it would shut down the stations, all of which were incurring extensive financial losses, later in the year if a buyer could not be found, and had placed them on the market at a price of just $1 each.[13] However, it was reported on June 30, 2009 that Shaw has backed out of the deal and is declining to complete the purchase.[14] CHWI-TV would remain on the air as is through at least 2010; CKNX-TV would become a repeater of London station CFPL-TV in September 2009, while CKX-TV would close down entirely in October 2009.

Eponymous buildings

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Gallery

See also

Notes

External links


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