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Telecom sector poised to shed assets amid slower growth and more competition

  • The Canadian telecommunications sector is facing slower growth and increased competition, prompting major companies to consider shedding assets.
  • Analyst Stephanie Price stated that pricing wars are leading to restructuring and a focus on efficiencies among telecom providers.
  • Companies like BCE Inc. Are shifting towards selling off non-essential assets to unlock business value.
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Winnipeg Free PressWinnipeg Free Press
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Telecom sector poised to shed assets amid slower growth and more competition

When Bell Canada announced in June it was selling Northwestel Inc. to a consortium of northern Indigenous communities, the telecom giant hailed the $1-billion deal as a milestone in advancing […]

·Winnipeg, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Sunday, September 8, 2024.
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