Summer trend report: regulatory concerns overshadow telecom sector investments

TORONTO – While recent events, including the possible entry of US behemoth Verizon into Canada and Monday’s cabinet shuffle, have left many in the investment community wondering how these will affect the regulatory landscape, the telecom sector won’t see an impact on the bottom line just yet. Financial results for the second quarter of 2013 will not reflect any of these regulatory concerns, says BMO Capital Markets Second analyst Tim Casey. “We expect Verizon will continue to quietly negotiate with the owners of the existing new entrants – Wind and Mobilicity – with offers that are contingent on favourable...