If Verizon makes a move, Canadian deployment likely to be "cautious and limited," says analyst

TORONTO – While acknowledging any changes to the 700 MHz wireless auction rules at this stage are “a long shot,” telecommunications and cable analyst Jeff Fan of Scotia Capital still believes that the chances of Verizon coming to the Canadian market are less than 50%. Simply put, there doesn’t seem to be enough of a return on what would be about a $2.7 billion investment available to the big American cellco, were it to buy Wind Canada and purchase spectrum in the auction, as has been rumoured, plus other costs. In a research note to investors on Monday, Fan provided...