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by 908B64B197 1485 days ago
> I have never understood the reluctance of successive governments to allow foreign competition in our telecom markets. Telus, Shaw, Bell, and Rogers are all widely held public companies. They answer to global shareholders.

Especially since it's a huge opportunity for profits for Canadian companies.

In Europe telecoms became an open market where any European carrier could setup shop anywhere else in Europe. The result was that the more efficient operators managed to grow considerably. Just take a look at the French Orange Telecom [0]

Opening the Canadian market to the USA or Europe would mean that Canadian companies could setup shops and disrupt the market in foreign countries. There's no reasons they would get crushed by their foreign competitors in an open market.

I mean, I remember the times when everyone had a BlackBerry phone and when Nortel was still a thing. These two companies were very much Canadians and killing it abroad.

[0] https://en.wikipedia.org/wiki/Orange_S.A.#Operations

1 comments

Also consider T-Mobile is Deutsche Telekom in the USA