Cable / Telecom News

Canadian wireless biz generates $39 billion in economic value, says report

OTTAWA – With over 294,000 Canadians employed in the wireless industry in Canada, added to myriad other benefits, wireless communications generates about $39 billion in value to the Canadian economy says a new report from Ovum Consulting.Done on behalf of the Canadian Wireless Telecommunications Association, the report notes that over $16 billion of direct contribution to the gross domestic product of Canada is generated through the sale of wireless goods and services (which is close to the $20 billion GDP of the province of Newfoundland & Labrador).That $16 billion compares pretty well to the Canadian automaking business ($20 billion), farming...