23:17:40 EDT Mon 13 Jul 2020
Enter Symbol
or Name

Shaw Communications Inc
Symbol SJR
Shares Issued 491,314,046
Close 2019-08-01 C$ 26.05
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Shaw Comm to sell Calgary-1 data centre to eStruxture

2019-08-01 10:11 ET - News Release

Mr. Chethan Lakshman reports


eStruxture Data Centers, a leading Canadian provider of carrier and cloud-neutral data-centre solutions, has signed an agreement to acquire from Shaw Communications Inc. the assets of Shaw's Calgary-1 data centre. eStruxture acquired all contractual relationships residing in the facility, and the existing operational and sales teams. The addition of Shaw's Calgary facility complements eStruxture's existing portfolio of five data centres in Vancouver and Montreal. Terms of the transaction were not disclosed.

"We're excited to announce the acquisition of the newest, most state-of-the-art data centre in Calgary, and welcome Shaw's existing data centre employees and customers to eStruxture," says Todd Coleman, president and chief executive officer of eStruxture. "This acquisition furthers our strategy of becoming the leading cloud- and carrier-neutral provider in Canada. We are committed to keep pushing to deliver more for our customers -- more capacity, more locations, and more cloud and network connections."

As part of the transaction, both companies have entered into a multiyear agreement that will see Shaw maintain a wholesale relationship with eStruxture and continue to resell colocation services through the Calgary-1 data centre to further supplement Shaw's portfolio of connectivity services.

"We are pleased to work with such an innovative and dynamic Canadian company that will allow Shaw Business to nurture relationships with new and existing clients, while providing our teams with a strong data centre partner to sell services through and best support our customers," says Katherine Emberly, president, business, brand and communications at Shaw. "eStruxture's customer-centric and entrepreneurial culture aligns perfectly with our business and we are excited to establish this wholesale relationship to help better serve our customers in Western Canada."

The first phase of the Shaw data centre was commissioned in August, 2015, and awarded Uptime Institute tier iii design and construction certification. The 65,000-square-foot facility can accommodate robust power densities up to 30 kilowatts per cabinet. Built with sustainability and efficiency in mind, the data centre is highly energy efficient, made possible by the next-generation, free air-cooling system deployed. With existing SSAE16/CSAE 3416 SOC2 certification, the location is audit-ready and adheres to the controls of several other rigorous compliance standards. eStruxture will focus on expanding the Calgary data centre's rich ecosystem of network service providers and cloud on-ramps. The facility has significant predeployed capacity that is customer-ready and can be further expanded in a rapid timeline to support future growth.

About Shaw Communications Inc.

Shaw Communications is a leading Canadian connectivity company. The wireline division consists of consumer and business services. Consumer serves residential customers with broadband Internet, Shaw Go WiFi, video and digital phone. Business provides business customers with Internet, data, WiFi, digital phone and video services. The wireless division provides wireless voice and LTE (long-term evolution) data services through an expanding and improving mobile wireless network infrastructure.

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