Reuters: Technology News: Verizon eyeing wireless business in Canada: Report

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Verizon eyeing wireless business in Canada: Report Jun 17th 2013, 11:46 Tweet Share this Email Print Related News Canada delays Wind Mobile deals on security concerns: report Fri, Jun 14 2013 UPDATE 1-Canada delays Wind Mobile deals on security concerns -report Fri, Jun 14 2013 Public Mobile calls for consolidation of telecom startups Thu, Jun 6 2013 Canada blocks Telus deal for more wireless spectrum Tue, Jun 4 2013 Wind Mobile's Lacavera eyes Mobilicity after Telus bid thwarted Tue, Jun 4 2013 Showgowers visit the Verizon booth on the first day of the Consumer Electronics Show (CES) in Las Vegas January 8, 2013. Credit: Reuters/Rick Wilking Mon Jun 17, 2013 7:46am EDT (Reuters) - Verizon Communications Inc is looking to enter Canada's cellular telephone business, potentially fulfilling the government's hopes of having a fourth major wireless company, the Globe and Mail reported on Monday. Verizon could look at taking over a smaller player in Canada, such as Wind Mobile, and participating in a new wireless spectrum auction, the newspaper reported citing two industry sources familiar with the situation. (link.reuters.com/zas88t) New entrants such as Wind, Mobilicity and Public Mobile have helped to drive down wireless prices in Canada, but have struggled to turn a profit. The struggles of the new entrants have frustrated the Canadian government's hopes of having a fourth major wireless company in all parts of the country to compete with Telus Corp, BCE Inc's Bell unit and Rogers Communications. AT&T Corp, Vodafone Group Plc and Telenor ASA could be other possible investors, the newspaper said. (Reporting By Vijay Vishwas in Bangalore; Editing by Sreejiraj Eluvangal) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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