Wind Mobile Majority Owner Calls Canadian Competition “A Joke”

I spotted this story between flights on The Globe And Mail website today. Naguib Sawiris who is the Executive chairman of Orascom Telecom Holding SAE and Weather Investments SpA, which makes him the majority owner of Wind Mobile had this to say about his competition Canada:

Mr. Sawiris said the Big Three Canadian telecom players are “a joke,” and that he would never invest in them because they are “too big, too slow.”

“I have been offered by two of them to buy me out at a very significant profit,” Mr. Sawiris said. “But that means I’m a broker, not an industrialist. It’s against my saga, against my history. I’m not the kind of guy who goes out for the money. It’s about success. And this, I would consider it as a bribe.”

I encourage you to read the rest of the story as it’s very interesting.

In any case, he’s pretty bombastic for a guy who’s just shown up on the scene. Given that Wind only has 100,000 or so subscribers as I type this, we’ll see if he’s still acting like that this time next year. Still, it is refreshing to hear someone with the desire to stand up to the incumbents in Canada’s telco market.

3 Responses to “Wind Mobile Majority Owner Calls Canadian Competition “A Joke””

  1. IT nerd!
    My question may be a little off topic, but it is central to big biz arrogance.
    There will likely be moans and groans and perhaps a little laughing…I am a telus mobility CUSTOMER and have been experiencing issues viewing you tube on my BB Curve. I could view them until a month ago, then nothing. I called csr on 3 seperate occassions. The IT person said it is an issue with RIM’s servers. I have several friends who use the same equipment and who are with other carriers and they have NO problems viewing you tube vids.
    Off the top of your head would you be able to shed light and clarify my issue?

  2. Thank you so much!!
    You confirmed my suspicions.

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