Tuesday, November 22, 2005

Shaw Family Purchases One Million More Shares

The Shaw Family, and entities owned or controlled by them, completed the purchase of an additional 1,000,000 Class B Non-Voting Shares of Shaw Communications.

The Canadian communications company provides cable television, High-Speed Internet, Digital Phone, telecommunications services (through Big Pipe Inc.) and satellite direct-to-home services (through Star Choice Communications Inc.) to approximately 3.0 million customers.

  • Shaw Communications Inc. was incorporated in 1966 under the name Capital Cable Television Co. Ltd. It subsequently changed its name to Shaw Cablesystems Ltd. in 1984, and then to Shaw Communications Inc. in 1993. The company is the largest television supplier in Western Canada.

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