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Canada: Communications watchdog prefers gov’t wireless co over Verizon entrance

By  |  August 16, 2013

Canada’s Communications, Energy and Paperworks president Dave Coles spoke out against the rumored entrance of US wireless giant Verizon’s entrance into the Canadian market, issuing a press release that instead calls for a government-established telecommunications company to act as the market’s fourth major competitor. Rumors of Verizon’s entrance into Canada have been running for several weeks as the company explores a possible buyout of one of Canada’s smaller telco operators. It’s a controversial plan, as Canadian policy prohibits Canadian telco companies from making such acquisitions. In a statement, Coles questioned the need to give “a slew of benefits to a gigantic US-based corporation.” But reports say current wireless operators will likely disagree with the idea.

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