Verizon bids for Wind Mobile, in talks with Mobilicity

[FerrariEnzo]

LOL does robelus seriously thinks this will happen?? They providing money to a company to help buyout Wind/Mobi is the same as then owning it, just not legally.. They will have the final say about what do it not doubt...

[jackmeister]

All these antics further prove what kind of shit scam Rogers Bell Telus put us into.

[CRS]

The radio ads that they are playing on air about how it's unfair and how american companies don't care is just annoying.

[Graeme S]

The big issue is that for a lot of companies their customers aren't their real customers; their shareholders are. They don't care about keeping the customers themselves happy, as long as they can take some numbers and tell shareholders that those numbers look good.

Their shares are going down, the shareholders are unhappy, and that means most of upper management is at serious risk of losing their jobs--and they know it. They had their marketing plans, they had their ways of wringing things out of the customers, and they thought they had Windilicity all tied up. Now, they're a bit scared.

Originally Posted by vafanculo

You didn't include the subsidization in your math. Just the rate plan. Also, overhead wasn't included.

They will profit more by upping the rate plans, definetly..but really not by that much. And can you imagine people having to pay $500 for a phone? Every 2 years?

I think most want a new phone, but cannot afford it, so they would rather choose this option, then to drop near full price on a phone. I always tell people, always buy your phone, but they never listen..or afford it.

So let's include the phone subsidy in that math:
Plan A (3 years)
$2160 (monthly plan)
$600 (subsidy)
$1560 net over three years
$520/yr net revenue after subsidy.

Plan B (2 years)
$2880 (monthly plan)
$600 (subsidy)
2280 net over two years
$1140/yr net revenue after subsidy.

And it's true, he wasn't considering things like operating costs or overhead, but when you're looking at income you don't need to be. Yes, this is an oversimplification, but so was your statement:

People got what they wanted, but it cost them. Blame the CRTC for not thinking about this.

It's a little from column A and a little from column B. Yeah, the CRTC should have been a bit clearer, but at the same time if you look at the (admittedly simplified) math above, there's a difference between "Well, the rules have forced us to change the way we do our subsidies" and "Well this is a convenient excuse to use to start charging more than we were before!"

[FerrariEnzo]

Anyone else annoyed with the ADs in the 24hrs about how cheaper our avg plans are vs the US and all that crap... ever since Verizon mention an interest up here, that AD has been in every 24hrs.. not just 1 page, but 2 pages!!

[willystyle]

I would be VERY SURPRISED if CRTC doesn't approve Verizon buying WIND/Mobi cause I don't think there's any way the big 3 will be able to purchase either one of them.

[ShadowBun]

Originally Posted by FerrariEnzo

Anyone else annoyed with the ADs in the 24hrs about how cheaper our avg plans are vs the US and all that crap... ever since Verizon mention an interest up here, that AD has been in every 24hrs.. not just 1 page, but 2 pages!!

more annoyed with the radio

[CRS]

Jesus fuck. They play these mother fucking ads all day now. What the fuck.

If I wasn't already with a small entry company, I would jump ship just to stick it to the big 3 for making these ridiculous ads about how the US company is big, going to jump onto our networks without having to pay for it, buying up new entrants at fire sale prices, and the best one, how the government of Canada is allowing this and it is somehow infringing on sovereignty .

[Ikkaku]

And how we - as Canadians - were taught to play fair

[GLOW]

+1 on annoying radio ads. every time i hear it i think

[Gucci Mane]

well this sucks.

The head of Verizon Communications Inc. says the U.S. company is not planning to enter the Canadian wireless telecom market.

"Verizon is not going to Canada," company CEO Lowell McAdam said in an interview with the Bloomberg news service.

McAdam said speculation that his company was about to wade into the Canadian market was “way overblown."

He made the comments following the announcement of a deal that will see Verizon pay $130 billion US to buy the 45 per cent stake in Verizon Wireless that is currently held by British cellphone company Vodafone.

A Verizon spokesman confirmed McAdam's comments to CBC, saying the CEO said at this point in time the company doesn't plan to enter the Canadian wireless market.

Talk of a possible Verizon entry into Canada set off a heated war of words involving the existing three major players in the Canadian wireless market — Rogers Communications Inc., BCE Inc. and Telus Corp. — against the federal government.


The companies launched a public relations campaign in which they argued that government wireless policy would give an unfair advantage to a foreign company that wanted to enter Canada. They said a foreign company would be allowed to bid on two blocks of wireless spectrum in an upcoming auction of lucrative 700 megahertz bandwith, while domestic companies would only be allowed to bid on one block each.

"This has never been about Verizon coming into Canada, or not, it's always been about fair access to spectrum," said Telus executive vice-president Josh Blair.

"Spectrum is the lifeblood of our industry, and without fair access to it, that's going to potentially, permanently disadvantage Canadian companies," he said.

The Conservative government, which has stated that it wants to see a fourth national telecom player, had argued that the entry of Verizon would benefit consumers through increased competition.

A spokeswoman for Industry Minister James Moore said Verizon's decision not to enter Canada won't change the way the spectrum auction is conducted.

"We will continue to move forward with the auction as planned," Jessica Fletcher said

Speculation that Verizon was considering a bid in next year's wireless spectrum auction or a possible acquisition of small Canadian players, such as Wind Mobile or Mobilicity, also drew criticism from unions that represent workers at the Big 3 telecom companies.

Jerry Dias, the national president of newly formed union Unifor, applauded the decision of Verizon not to enter the Canadian market, saying resistance from unions, business and privacy advocates was likely responsible.

"I don't think Verizon or the government anticipated this level of opposition to the possible spectrum bid, but we've been able to send a clear message," he said in a release.

Verizon not entering Canada's wireless market after all - Business - CBC News

[GLOW]

[FerrariEnzo]

cant blame Verizon... If I was CEO, I would much rather own 100% of my own company also... Vodafone has quite a bit of their stake..