Shaw Buys Sun Country Amid Cable Consolidation
Smaller rivals continue to be tasty morsels for Canadian cable behemoths after Sun Country Cablevision was acquired by Shaw Communications.
TORONTO – Canadian cable consolidation continued Monday with Shaw Communications scooping smaller rival Sun Country Cablevision for an undisclosed price.
Calgary-based Shaw, the country’s second largest cable operator, also acquired Sun Country affiliates Armstrong Cablecom and Enderby Cablecom in rural British Columbia.
"Sun Country has built an excellent system which represents a terrific addition to our existing cable properties and we are excited to expand our presence in the interior of British Columbia" Shaw president Peter Bissonnette said when unveiling the deal.
Sun Country, based in Salmon Arm, British Columbia and with 21 employees, offers cable and digital TV and Internet access to its subscribers.
The Canadian cable industry in recent years has consolidated behind four major players: Shaw, Rogers Communications, Quebecor Media and Cogeco Cable.