Cable / Telecom News

Peladeau says Quebecor must maintain ‘price differentiation’ on wireless

By Ahmad Hathout Quebecor CEO Pierre Karl Peladeau said on a fourth-quarter conference call Friday that the company’s subsidiaries have been able to navigate around playing the aggressive price game in the fourth quarter while maintaining a favourable price position vis-à-vis its competitors. Peladeau said promotional door-to-door offers of “unreasonable” 60 per cent discounts on wireless by its competitors have “stupidly” pushed down all the telecoms’ revenues. Quebecor executives have previous called moves by Bell on the wireline front, such as $45 offers for 500 Mbps download speeds, to be “blatantly stupid for everyone .” Despite these comments, Peladeau said...