Cable / Telecom News

COMMENTARY: Five good reasons Verizon could come to Canada; and seven why they couldn’t

THE BIG NEWS WEDNESDAY was that American telco Verizon has made a real offer to buy Wind Canada from its majority owner, VimpelCom. The Globe and Mail cited sources who claim that the big U.S. firm has put an opening bid of $700 million on the table and is also talking to Mobilicity about a potential purchase of that distressed company. The speculation (nobody from any of the companies will confirm anything at this point, beyond reports last week from Verizon CFO Fran Shammo that the company is taking a peek north) caused Canadian telecom shares to endure an all-day...