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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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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
Read Full ArticleTelecom sector to shed assets amid slow growth, more competition #CDNNews #CanadaEconomy #CanadaLife
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 Indigenous self-determination. Bell said Northwestel, which provides phone, internet and television services in Canada’s north, would benefit from commitments by its new owner, known as Sixty North Unity, to double fibre internet speeds and expand high-spee…
Coverage Details
Total News Sources28
Leaning Left13Leaning Right1Center2Last UpdatedBias Distribution81% Left
Bias Distribution
- 81% of the sources lean Left
81% Left
L 81%
13%
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