Cable / Telecom News

Verizon would face an uphill battle against Big Three – Moody’s study


TORONTO – A new study released Thursday by Moody’s Investor Service suggests that Verizon would face more significant barriers to entry into Canada than just the heated protestations of the big three incumbents. Even if Verizon were to enter the Canadian wireless market by taking advantage of the so-called “loopholes” in Canada’s wireless policy, it would require a large time and financial commitment to develop the top-quality network it would need to compete with the incumbents. Those large entry costs would preclude any newcomer’s ability to wage a price war with its Canadian competitors, Moody’s says. Even if Verizon were...