Canada

Shout-out from a proud and satisfied Freedom Mobile user here!

“Quebecor looks to have strong momentum on customer acquisition, but we believe a more balanced approach in terms of price and quantity would be a better strategy for long-term shareholder value creation,” Mr. Yaghi said. 

He said that while the company picked up customers, revenues from its telecom operations fell by 2 per cent year-over-year, which showed that “relying on subscriber loading alone will not be enough” to boost financial results.

How is this any different than the others? Except that their strategy was undercutting the others.

The rural region where I grew up has always been neglected by big telcos, so there were multiple local ones offering the same as the big ones, but for cheaper, or deep in the countryside.

Every village had its local phone company because Bell didn't think they were profitable enough to deserve service. Unfortunately the last independent provider, Maskatel, was bought by Bell in 2018.

There is only one left, Cooptel, and it's a cooperative. This is how my parents living on a rural road can get FTTH. If it weren't for the fact that it's a cooperative, Bell would probably have bought it too.

It's frustrating to see that big telcos won't put a cent into building a network into rural areas because they see no profit in it, but once a small local company becomes successful in doing that, they often end up being bought by big telcos.

Recently I learned telus was the Alberta state run telco until it was sold under shocking terms during Mulroney. The govt agreed to buy it back at a loss if it wasn't profitable after a couple of years!