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Ottawa Weighs Loosening Ownership Rules in Telecom Sector

November 23, 2011

The Globe reports that the government is considering changes to the foreign ownership restrictions in the telecom sector by removing restrictions for companies with less than 10 percent market share.

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2 Comments

  1. Robert E. says:
    November 23, 2011 at 2:16 pm

    I had a feeling we’d see something.
    Since the Wind Mobile guy gave them a vocal ass whooping I had a feeling the government would react in some way. It made them look really bad having a billionaire investor publicly regret investing in Canada. No doubt they feared it would cause others to reconsider investing as well, not just in telecom, and I think it’s a valid fear.

  2. Baloo says:
    November 24, 2011 at 5:46 pm

    I am happy that he stated his case.
    Wouldn’t it be good for the Government actually listened to what we want ?

    The Gov’ has been talking about this for ages, for goodness sake just do something.