Cable & Telecom

Robust results expected from Canada’s wireless incumbents: analyst

TORONTO - Verizon Wireless' strong wireless growth in fiscal year 2013 may bode well for Canadian incumbent wireless carriers, says an industry analyst.In a note to clients on Tuesday, Dvai Ghose, Managing Director/Head of Research for Canaccord Genuity, said that incumbent wireless subscriber growth in North America still looks to be “robust despite maturation”, and predicted postpaid subscriber base increases at all three Canadian  incumbents when they post their financial results for 2013 within the next few weeks.  He estimates a 5.7% year-over-year increase at Bell Mobility, a 4.7% uptick at Telus Mobility and a 3.2% rise at Rogers Wireless.Despite maturation, slowing smart...