Industry Minister Christian Paradis, meanwhile, has made it clear the three big Canadian firms won be allowed to meddle in the process by making competing bids for Verizon’s target firms. firm can now buy one or more of the struggling upstarts (all of which are eager to be bought), take advantage of the cheap spectrum the small firms were allowed to buy in a 2008 auction choreographed by Ottawa, and add even more spectrum in an upcoming sale in which “new entrants” like Verizon get special treatment. In doing so, it has all but begged foreign firms to make a bid like Verizon’s. The federal government has been trying to force-feed artificially-controlled “competition” to the market for years, rather than just opening the gates to foreign investors and letting the chips fall where they may. ![]() It’s true that Ottawa has manufactured this situation via its byzantine efforts to control and carve up the market via the Canadian Radio-television and Telecommunications Commission, which spends its time inventing new hoops for the industry to jump through. They’d have to offer better prices, better service, and a lot less of the arrogance that has typified the market until now. They’d have to scramble hard just to hold onto the customers they have. They’d be faced with an unfair fight against a much bigger competitor with far greater resources. That being the case, there should be no tears for the Canadians. Verizon is reported to have offered $700 million to buy Wind Mobile, and might also be eyeing Mobilicity, both of which are small operators sharing the 10% of the market not controlled by Telus, Rogers and BCE. wireless operator, is seriously considering entering the Canadian market. On Wednesday, some of the air was taken out of that argument, when rumours hit the wire that Verizon, a U.S. They saw no reason for bureaucrats to be interfering in the operations of free enterprise, and because, they insisted, the Canadian market was already highly competitive, even though 90% of it was under their control. ![]() Under the code, customers would be able to cancel three-year contracts after just two years without ludicrous cancellation fees, limits would be put on the ability of wireless providers to surprise customers with big charges for out-of-country usage, and bills would have to be easy to understand. ![]() This advertisement has not loaded yet, but your article continues below. Manage Print Subscription / Tax Receipt.
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