Verizon May Be Coming To Canada…. Bell, Telus, Rogers Freak
I’ve been saying for years that the only way that the absolutely obscene prices that Canadians pay for wireless service will change is by foreign carriers to come in and force the incumbent carriers (being Rogers, Bell and Telus) to lower their prices. Well, that day might be at hand. The Wall Street Journal is reporting that Verizon might be looking to enter the Canadian market by buying Wind Mobile:
Verizon, which is based in New York, has considering entering Canada’s wireless business as that country’s government seeks to jump start competition in the country. The Globe and Mail newspaper reported this week that Verizon has held exploratory talks with Wind Mobile in recent weeks, but said the discussions are at an early stage.
If this actually pans out, you have to believe that Bell, Rogers, and Telus will do everything possible to try and block it. But seeing as the current government is all for lowering prices of wireless services in Canada, I’m thinking that the Canadian Government will likely green light this. Then the real game begins. Verizon has deep pockets so their network will likely expand quickly and their pricing structure will likely follow. That’s bad news for the big three. But great news for consumers. What’s even better is that if Verizon comes, others will likely follow. That will be better news for consumers.
You have to believe that execs at the big three are freaking out big time as you read this. It’s about time that they had a reason to worry.
July 22, 2013 at 4:08 am
Telus employees are like little princes in a world of make believe. I bet 95% of them don’t even know what’s coming down the pike at them.
When Verizon starts taking bites out of Telus’ best customers due to its ability to offer vastly cheaper roaming to the US, Telus will have to make hard decisions regarding expenditures.
I think they’ll start looking at all their overpaid, underworked little princes.