Wireless, broadband, specialty to continue driving growth in $62B Canadian media and telecom biz

TORONTO – While rating the industry as “outperform”, a BMO Capital Markets report published Monday says the Canadian media and telecom business will generate $62 billion in revenue in 2012 and see an overall growth rate of about 3%, as compared to last year. Of that revenue, about 75% comes from our big four of BCE, Rogers Communications, Telus and Shaw Communications. While wireless, wireline broadband and specialty television will continue to be the revenue drivers, overall growth will be partially offset by declines in legacy data, voice and print media, says the report. Look for the overall share of...