Rogers Communications Acquires Shaw Communications

Verizon to Acquire Frontier Communications

September 5, 2024

Telecommunications

Verizon Communications Inc. agreed to acquire Frontier Communications Parent, Inc. in an all-cash transaction valued at approximately $20 billion. The deal will expand Verizon's fiber footprint by adding Frontier's nationwide fiber network and 2.2 million fiber subscribers, enhancing Verizon's ability to deliver broadband, mobility and intelligent-edge services across more U.S. markets.

TELUS Corporation Acquires TELUS Digital

October 31, 2025

Cloud & SaaS

TELUS Corporation completed the acquisition of all outstanding shares of TELUS Digital for US$4.50 per share (approximately US$539 million aggregate consideration), taking TELUS Digital private and making TELUS the 100% owner. The deal is intended to accelerate integration of AI-powered digital customer experience, SaaS capabilities and cross‑company growth opportunities across TELUS’ telecommunications, health, agriculture and consumer goods businesses while delivering operational synergies.

National Bank of Canada to Acquire Canadian Western Bank

June 11, 2024

Financial Services

National Bank of Canada entered into a definitive agreement to acquire all outstanding common shares of Canadian Western Bank in a share-exchange transaction valuing CWB at approximately $5.0 billion. The deal (exchange ratio 0.450 NB shares per CWB share) expands National Bank's footprint in Western Canada, is expected to close by the end of 2025 subject to shareholder and regulatory approvals, and is supported by an approximately $1.0 billion equity financing including a private placement to CDPQ.

Searchlight Capital and BCI to Acquire Consolidated Communications for $3.1 Billion

November 20, 2024

Telecommunications

Affiliates of private equity firm Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI) will acquire Consolidated Communications Holdings, Inc. in an all-cash transaction valuing the company at approximately $3.1 billion including assumed debt. The deal, which was approved by the Vermont Public Utility Commission and previously by Consolidated shareholders, will take the Mattoon, Illinois–based fiber and landline provider private to provide greater flexibility to execute its fiber expansion strategy, subject to remaining federal approvals.

Semtech Corporation Acquires Sierra Wireless

August 2, 2022

Telecommunications

Semtech Corporation agreed to acquire Sierra Wireless for US$31 per share in an all-cash transaction valued at approximately US$1.2 billion. The deal combines Semtech's LoRa capabilities with Sierra Wireless' cellular modules, gateways and cloud services to create a chip-to-cloud IoT platform, expand Semtech's addressable IoT market and add meaningful recurring cloud revenue and operational synergies.

Cable One Acquires Hargray Communications

February 15, 2021

Telecommunications

Cable One, Inc. agreed to acquire the remaining equity interests in Hargray Communications from an investor group led by The Pritzker Organization, buying out approximately 85% of Hargray it did not already own in a transaction implying a $2.2 billion enterprise value. The deal expands Cable One's footprint into the Southeastern United States and positions the company to leverage Hargray's fiber-expansion capabilities and local market presence.