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Shaw Communications Inc (SJRa.V)

SJRa.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Canada's Shaw to sell ViaWest to Peak 10 Holding
Tuesday, 13 Jun 2017 08:05am EDT 

June 13 (Reuters) - Shaw Communications Inc -:Press release - ViaWest to combine with Peak 10, creating a leading full-service hybrid it solutions provider.Shaw Communications Inc - Chris Downie, chief executive officer of Peak 10, will be chief executive officer of combined company.Shaw Communications Inc - nancy phillips, chief executive officer of viawest, will become executive chair of board of combined company.  Full Article

Shaw says capital expenditures associated with deployment of acquired spectrum are estimated to be about $350 mln
Tuesday, 13 Jun 2017 08:04am EDT 

June 13 (Reuters) - Shaw Communications Inc ::Shaw Communications Inc - capital expenditures associated with deployment of acquired spectrum are estimated to be approximately $350 million.Shaw Communications Inc - expects majority of capital related to network build to be incurred during fiscal 2018.  Full Article

Shaw announces acquisition of 700 MHz, 2500 MHz wireless spectrum licenses
Tuesday, 13 Jun 2017 08:02am EDT 

June 13 (Reuters) - Shaw Communications Inc ::Shaw Communications Inc announces acquisition of 700 MHz and 2500 MHz wireless spectrum licences from Quebecor Media Inc.Shaw Communications Inc - deal for ‍$430 million​.Shaw Communications Inc - ‍transaction will be funded using a combination of cash on hand and Shaw's existing credit facility​.Shaw Communications Inc - spectrum licences being acquired comprise 10 MHz licences of 700 MHz spectrum in each of British Columbia, Alberta, and Southern Ontario.Shaw Communications - licences being acquired also include 20 MHz licences of 2500 MHz spectrum in each of Vancouver, Edmonton, Calgary, and Toronto.Shaw Communications Inc - ‍transaction has received all required internal approvals at Shaw and Quebecor​.Shaw Communications Inc - ‍transaction is not subject to approval by shareholders of Shaw or further approval by shareholders of Quebecor​.  Full Article

Canada's Shaw to sell Viawest to Peak 10 Holding for about C$2.3 bln
Tuesday, 13 Jun 2017 08:00am EDT 

June 13 (Reuters) - Peak 10 Inc [RIC:RIC:PEAKL.UL]-:Shaw Communications Inc. Announces sale of Viawest to Peak 10 for approximately c$2.3 billion.Shaw Communications Inc - ‍consideration pursuant to transaction is comprised of all cash​.Shaw Communications - expects to realize net cash proceeds from deal of about c$900 million after repayment of viawest level indebtedness of about us$580 million.Shaw Communications - entered into share purchase agreement with gi partners portfolio co peak 10 holding corp to sell 100% of wholly-owned unit viawest.  Full Article

Omnitracs to acquire the assets of Shaw Tracking
Thursday, 1 Jun 2017 04:20pm EDT 

June 1 (Reuters) - Shaw Communications Inc :Omnitracs to acquire the assets of shaw tracking, expand canadian presence.Omnitracs llc -terms of transaction were not disclosed​.Omnitracs- ‍shaw tracking will be integrated into omnitracs solution portfolio omnitracs​.  Full Article

Shaw Communications says Alek Krstajic to step down as CEO of Freedom Mobile
Wednesday, 12 Apr 2017 11:33am EDT 

Shaw Communications Inc : Paul McAleese to become COO of Freedom Mobile . Alek Krstajic to step down as CEO of Freedom Mobile Further company coverage: [SJRb.TO] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Shaw Communications qtrly earnings per share $0.30
Wednesday, 12 Apr 2017 07:00am EDT 

Shaw Communications Inc : Shaw announces second quarter and year-to-date results . Q2 revenue rose 13.3 percent to c$1.3 billion . Shaw communications inc - Shaw confirms at this time that there are no changes to our previously issued fiscal 2017 guidance . Qtrly earnings per share $0.30 . Alek Krstajic has announced he will be stepping down as CEO of Freedom Mobile . Q2 earnings per share view C$0.30, revenue view c$1.32 billion -- Thomson Reuters I/B/E/S .FY2017 earnings per share view c$1.33, revenue view c$5.31 billion -- Thomson Reuters I/B/E/S.  Full Article

Stingray extends distribution agreement with Shaw Communications
Thursday, 13 Oct 2016 01:30pm EDT 

Stingray Digital Group Inc : Press release - Stingray extends long-term distribution agreement with Shaw Communications, adds four specialty music video TV channels .Under term of extension, Shaw Cable and Shaw Direct will now carry Stingray's four music video tv channels.  Full Article

Shaw Communications says Q3 EPS of $1.44
Friday, 15 Jul 2016 08:00am EDT 

Shaw Communications : Announces third quarter and year-to-date results . Q3 revenue rose 13 percent to C$1.28 billion . Q3 earnings per share $1.44 . Q3 earnings per share view C$0.35, revenue view C$1.29 billion -- Thomson Reuters I/B/E/S . Expecting fiscal 2016 operating income before restructuring and amortization to range between flat to low single digit growth . Says consolidated capital, investment in fiscal 2016 is expected to be $1.2 billion, including Wind . Says in addition, Shaw is introducing preliminary fiscal 2017 consolidated capital to be approximately $1.3 billion . During quarter initiated efficiency program to deliver fiscal 2017 operating cost, capital efficiencies, in aggregate, of about $75 million .Cost savings program actions that took place in Q3 resulted in a non-recurring restructuring charge of $24 million.  Full Article

Shaw Communications Completes Sale of Shaw Media to Corus Entertainment
Friday, 1 Apr 2016 10:12am EDT 

Shaw Communications Inc:completed the previously announced sale of its wholly-owned broadcasting subsidiary, Shaw Media Inc. ("Shaw Media") to Corus Entertainment Inc. ("Corus") for $2.65 billion.  Full Article

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CANADA STOCKS-TSX slips with financials, miners; Shaw shines

TORONTO, June 13 Canada's main stock index inched lower on Tuesday, weighed by slips among heavyweight financial stocks and losses for some base metal miners, while Shaw Communications Inc gained after deals to sell its data center business and buy wireless airwaves.