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BCE Inc. (BCE $35.20)
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TELUS Corporation (T $18.62)
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Rogers Communications Inc. Class A Shares (RCI.A $53.00)
Q: Canadian Telecoms:
What am I missing here. Three main players in the Canadian market with a government enforced moat. Highest prices in the world.
Services provided: Phone, Cell, Internet - fundamental requirements to participating in today’s society.
Common costs to providers as in the rest of the world, ie towers, cable, switching systems, processing centres.
Why are these Canadian Telecoms not shovelling money? Are they incompetent? Have they become largely bureaucratic and inefficient?
I cannot understand how this business is not thriving. What say you?
What am I missing here. Three main players in the Canadian market with a government enforced moat. Highest prices in the world.
Services provided: Phone, Cell, Internet - fundamental requirements to participating in today’s society.
Common costs to providers as in the rest of the world, ie towers, cable, switching systems, processing centres.
Why are these Canadian Telecoms not shovelling money? Are they incompetent? Have they become largely bureaucratic and inefficient?
I cannot understand how this business is not thriving. What say you?
5i Research Answer:
These companies are doing fine fundamentally with decent margins and cash flows and steady...