Canaccord Genuity urges wireless investors to switch from Rogers to Telus

TORONTO - Rogers Communications falling share of new post-paid customers, thanks in part to new competition from a shared network Bell and Telus launched in November, 2009, has led Canaccord Genuity to recommend that wireless investors switch from Rogers to Telus.Rogers gained only 49,000 of such customers (a much more lucrative lot compared to less valuable “pre-paid” top-up card customers) in the quarter compared to 109,000 the year before. In comparison, Bell gained about 157,000 of those customers and Telus scooped up 109,000 last quarter, noted Canaccord Genuity analysts Dvai Ghose and Sanford Lee.As a result, Rogers accounted for only...