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The companies had set a Feb. 17 deadline last month.
The Rogers (NYSE:ROG) deal for Shaw, which would create Canada’s No. 2 telecoms company, had triggered concerns of lessening competition in a country where wireless bills are already among the highest in the world.
To alleviate the antitrust issues, Rogers-Shaw agreed to sell Freedom Mobile, a wireless business owned by Shaw, to Quebecor. The C$2.85 billion ($2.11 billion) sale is also now expected to close by March 31, the companies said.
Rogers announced the C$20 billion bid for Shaw in March 2021.
($1 = 1.3534 Canadian dollars)