Canadian cable company Shaw just bought a phone networkWind Mobile will become part of Shaw Communications by late 2016.
Shaw Communications has announced that it's going to pay $1.6 billion CAD for Canuck carrier Wind Mobile. As MobileSyrup reports, there were rumors of a Verizon purchase back in 2013, but the US carrier ended up courting some internet company or something. Shaw will pick up Wind's mobile spectrum that covers Ontario British Columbia and Alberta. CEO Brad Shaw says the company plans to offer converged network solutions, which is the unsexy way of saying Canadians will be able to bundle their wireless needs in with their cable and internet -- if they like what Shaw's offering. The deal still needs to pick up approval from Canada's Competition Bureau, but Shaw expects the deal to go through by late 2016.