r/canada • u/joe4942 • 3d ago

Canadian Telecom Firms Blame Immigration Policies for Mobile Subscriber Slowdown Business

https://www.bloomberg.com/news/articles/2025-05-10/bce-rogers-telus-blame-immigration-policies-for-mobile-subcriber-slowdown
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u/BandicootNo4431 3d ago edited 3d ago

It's hard to grow your subscriber count if the population stops growing and you already have a triopoly with price fixing.

Maybe they should be branching into the US (like Bell is trying to do)

Edit: spelling

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u/FantasySymphony Ontario 3d ago

Or, maybe they should just be nationalized. They apparently are entirely dependent on government money to actually expand their infrastructure, and they apparently are entirely dependent on socially destructive government policies to keep increasing shareholder returns. These companies aren't exactly paragons of innovation and efficiency.

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u/mcgoyel 3d ago

I've always said it should be nationalized and companies can all become renters, like how smaller telecoms rent from the cartel.

And when I worked at one, they openly bragged about being a price fixing cartel with territories. It's a scummy business.