How COVID-19 may impact telecom, cable, media revenues

TORONTO — With people practicing social distancing, businesses cutting hours and services, Canadians staying home to work or self-isolate while the stock markets slide in unprecedented fashion due to the effects of COVID-19, Scotiabank this week released an analysis of where it sees both negative and positive effects when it comes to the telecom and media spaces. “Over the past week, the initial COVID-19 concerns have expanded dramatically from global device supply chain issues to an unprecedented level of domestic consumer and business disruptions. The equity sell-off in the sector has been indiscriminate,” reads the research note to investors from...