This week Ottawa announced that there will be a three-week auction of several bands of wireless space, and the big three carriers aren?t allowed to bid on them either?The Canadian Press: Ottawa opens up Canada?s telecom industry to more competition.? The plan is for new carriers to come into the market and hopefully with more competition drive down prices.
Uh huh.
Here?s the problem: numbers.? We all know that Canada doesn?t have a huge population.? In order for a new company to survive its going to have to get enough customers.? To lure customers away from Telus, Bell, Rogers, they will have to offer much better plans.? That means tight profit margins?
I think you can see where this is going.
I?m all for cheaper rates and better data plans, but I?m not holding my breath that this will pull it off.
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