Verizon thinking about moving back into Canada with bid for WIND Mobile?
What makes this speculation all possible is a change in foreign ownership restrictions made by the Canadian government last year, which is trying to prop up two struggling mobile operators in WIND Mobile and Mobilicity. A possible game plan for Verizon would be for the carrier to purchase WIND Mobile to give it a foothold in Canada. That would enable Verizon to bid for spectrum in the country and build up a fourth major mobile operator in Canada by offering faster service and lower prices. Verizon is no stranger to Canada as it had been an investor in TELUS until 2004.
Turning around WIND Mobile, which has more than 600,000 subscribers, is not going to be cheap. Canaccord Genuity's telecom analyst, Dvai Ghose, figures it will take $2 billion over the acquisition cost of the company to turn things around at WIND.
source: Globe via MobileSyrup
1. Stuntman (Posts: 711; Member since: 01 Aug 2011)
"That would enable Verizon to bid for spectrum in the country and build up a fourth major mobile operator in Canada by offering faster service and lower prices."
For those people who are in the US and familiar with Verizon, do you do think they can offer us Canadians faster service and lower prices?
3. FerneyZan (Posts: 34; Member since: 21 Jul 2010)
Yes they can. In fact they are the ones that have the most reliable network for both data and voice.. So for them to do the same in Canada will be easy for them since they have the capital and the know how to get it done..
I my self have AT&T instead, but both AT&T and Verizon are the best at what they do overall on the USA, so either Verizon gets the deal, or AT&T does, any of those two would be a great thing for all the WIND customers.. :)
4. Reluctant_Human (Posts: 852; Member since: 28 Jun 2012)
I don't know about price because Verizon is the most expensive here in the states but no one can deny that their service is good across the country.
5. belovedson (Posts: 832; Member since: 30 Nov 2010)
As ferney said the most reliable is certainly correct. I have both Verizon and AT&T. AT&T offers better voice but reliable data, verizon absolutely owns.
2. wizzardtech (Posts: 59; Member since: 12 Mar 2012)
This is a dream come true if it happens. The largest Mobile Operators in the US, best service and has the most advance infrastructure. Time for Wind to crush those greedy competitors. Hope this deal goes through.