Verizon's Vodafone buyout means less money for Canada

TORONTO – Since a $2.5 billion investment in Canada seems awful small compared to the $130 billion Verizon is reportedly set to pay Vodafone to buy out its 45% partnership in Verizon Wireless, Canadian wireless industry types are wondering now just what that means. According to Scotia Capital telecom analyst Jeff Fan, it still means the chances of Verizon making a market entry into Canada is sub-50% “On the surface, many may say the VZW (Verizon Wireless) transaction should not impact VZ’s ability to invest in Canada given that Canada would not be that material,” he wrote in a note...