The quest by Altice USA and Rogers Communications to acquire and split off Canadian cableco Cogeco is quickly escalating into one of the most dramatic and unorthodox M&A stories of the year. Rogers’ latest strategy to schmooze a deal is to pledge C$3 billion of network infrastructure investments in Quebec. In reality, all Rogers has done is redress an old investment promise as a brand-new commitment and hoped no one would notice. Well, we did. Earlier this year, when Rogers set out to become Canada’s first operator to launch commercial 5G, Rogers was at the time warning that regulatory uncertainty surrounding rules for 5G, and for shared access, could jeopardize its plans to invest almost C$3 billion in infrastructure build-out.…