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Shaw Communications to Acquire Whistler Cable Television Ltd.

Shaw Communications Inc. (TSX: SJR.B) (NYSE: SJR) today announced that it has entered into an agreement to acquire Whistler Cable Television Ltd. ("Whistler Cable"), subject to approval of the Toronto Stock Exchange. Whistler Cable operates cable and Internet systems in Whistler and Pemberton, British Columbia.

"Whistler Cable is an excellent system and a perfect fit with Shaw's existing systems on the West Coast, as well with the system that we recently acquired from Coast Mountain Communications Inc. which also operates in Pemberton. We are excited by the opportunity to provide leading entertainment and communications services to the world renowned resort town of Whistler, particularly with the 2010 Winter Olympics approaching," said Peter Bissonnette, President of Shaw.

"We are very pleased about joining forces with Shaw" said M.J. Saperstein, the owner of Whistler Cable. "Shaw has a reputation on the West Coast of providing exceptional products and services to their customers, and this will now be extended to the residents of Whistler and Pemberton."

Shaw Communications Inc. is a diversified Canadian communications company whose core business is providing broadband 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 over three million customers. Shaw is traded on the Toronto and New York stock exchanges and is included in the S&P/TSX 60 Index (Symbol: TSX - SJR.B, NYSE - SJR).


Tags: ,Telecom:Networking, Telecom:TelecommunicationEquipment, ,NYSE0001,NYSE0001,CA,CALGARY, ALBERTA
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