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Canada’s telecom sector won’t be quiet in 2024 as dominant players prepare to contend with burning issues such as competition, consumer rights, affordability, and universal access.
An industry shakeup is likely next year because of the mandate by Industry Minister Francois-Philippe Champagne requiring the Canadian Radio-television and Telecommunications Commission (CRTC) to prioritize the issues mentioned above. But one interesting item on the directive involves the top two telcos.
BCE and TELUS must provide independent competitors access to their fibre-to-the-home networks in Ontario and Quebec within six months, but they oppose the proposal. Meanwhile, if you want exposure to the sector, the third- and fourth-largest telcos are viable options.
Rogers Communications (TSX:RCI.B) and Quebecor (TSX:QBR.B) are slowly gaining ground following the former’s merger with Shaw Communications. Shaw gave up…
