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Rogers CEO Goes on Apology Tour With 13 Days to Close Shaw Deal

  • Industry minister orders investigation after network goes down
  • Shaw trades at big discount in wake of Rogers’s PR disaster
Rogers CEO Tony Staffieri attends a hearing of the Canadian Radio-Television And Telecommunications Commission last year about Rogers’ proposed takeover of Shaw Communications.
Rogers CEO Tony Staffieri attends a hearing of the Canadian Radio-Television And Telecommunications Commission last year about Rogers’ proposed takeover of Shaw Communications.Source: Bloomberg

There are less than two weeks until the biggest cable merger in Canadian history -- the tie-up between Rogers Communications Inc. and Shaw Communications Inc. -- is supposed to be nailed down. 

It should be a crowning moment for Edward Rogers, the chairman of Rogers’ board, and his hand-picked CEO, Tony Staffieri. Instead, the deal looks shaky, customers are livid, politicians annoyed, regulators suspicious, and Staffieri finds himself on a whirlwind apology tour, frantically trying to appease everyone.