|Bid||50.04 x 800|
|Ask||50.07 x 900|
|Day's range||49.96 - 50.81|
|52-week range||44.19 - 64.55|
|Beta (5Y monthly)||0.36|
|PE ratio (TTM)||20.39|
|Earnings date||19 Jul 2022 - 25 Jul 2022|
|Forward dividend & yield||1.59 (3.15%)|
|Ex-dividend date||09 Jun 2022|
|1y target est||61.91|
(Reuters) -Globalive Capital has entered into a spectrum and network sharing agreement with Telus Corp to bolster the Canadian investment firm's prospects of buying Shaw Communications Inc's wireless business, the companies said on Thursday. The agreement is conditional on Globalive's successful acquisition of Freedom Mobile Inc and does not involve financial investment from Telus. The sale of Shaw's wireless business, Freedom Mobile Inc, to a credible bidder is seen critical for Rogers Communications' to clinch its C$20 billion ($15.6 billion) bid for Shaw.
Comcast, Charter Communications and Rogers Communication are part of the Zacks Industry Outlook article.
Cable television industry participants like Comcast (CMCSA), Charter Communications (CHTR) and Rogers Communication (RCI) are benefiting from growing demand for high-speed Internet and increased consumption of media amid significant cord-cutting.