If the U.K. consolidates to three wireless players, why not Canada?

TORONTO – With news that the U.K. may join the likes of Germany, Austria and Ireland in consolidating to a three player wireless market, why are Canadian regulators steadfast in their pursuit of four players?That was the gist of research note Friday by Dvai Ghose, managing director/head of research for Canaccord Genuity, in response to confirmation that Hutchison Whampoa is in talks to buy Telefonica’s O2 unit for US$15.4 billion. Hutchison already owns and operates the Three Mobile network in Britain, and buying O2, the second largest mobile operator in the U.K., with about 22 million subscribers, would make it the largest mobile...