Cable / Telecom News

Verizon in Canada: Latest move likely tactics, not disinterest

TORONTO – Some Bay Street telecom analysts believe that Verizon’s decision to walk away (for now at least) from purchasing Wind or Mobilicity is a negotiating tactic and not a signal it has decided to shelve a move into the Canadian wireless market. As reported by the Globe and Mail Wednesday night (and re-reported by us and everyone else), unnamed sources have told the newspaper that Verizon has decided not to push ahead with a purchase of the two struggling wireless companies after all. (Ed note: It’s worth observing that the original stories saying Verizon has made a $700 million...