Incumbent telcos stave off wireless-only competition, says Moody's

TORONTO - Canada's three new wireless-only carriers are having little impact on the country’s big telecom incumbents, according to a new report from Moody's Investors Service. The report, ‘Canadian Telecommunications and Cable Industries: Consolidation Could Be in Store as New Wireless Companies Appear to Struggle’, says Wind Mobile, Mobilicity and Public Mobile, which are not rated by Moody’s, do not have the economies of scale, the access to funding, or the latest products to undercut or challenge the incumbents' market share. Rogers (Baa1 stable), Bell Canada (Baa1 stable) and Telus (Baa1 stable) together make up nearly 92% of Canada’s market...