Latest in Canadian government

Image credit:

Verizon CEO: No Canadian expansion planned

Steve Sande, @stevensande
September 4, 2013
Share
Tweet
Share

Sponsored Links

The Canadian government has been looking for ways to expand mobile coverage from three nationwide carriers -- Rogers, Bell Wireless and Telus -- to four. There were hopes that US carrier Verizon Wireless would purchase a small Canadian regional carrier, then buy spectrum in a government auction that's coming up in two weeks and expand nationwide. Well, Verizon CEO Lowell McAdam threw a bucket of cold maple syrup onto that plate of poutine, noting point-blank that "Verizon is not going to Canada."

That's the result of Verizon spending US$130 billion to buy out Vodafone's share of the company. Without the cash to invest in either Wind Mobile or Mobilicity, two small and struggling Canadian regional wireless carriers, Verizon won't be making any big moves north of the border any time soon.

[via iMore]

Verizon owns Engadget's parent company, Verizon Media. Rest assured, Verizon has no control over our coverage. Engadget remains editorially independent.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Google Chrome will warn you if your logins have been stolen

Google Chrome will warn you if your logins have been stolen

View
The best wireless workout headphones

The best wireless workout headphones

View
How 'Microsoft Flight Simulator' became a 'living game' with Azure AI

How 'Microsoft Flight Simulator' became a 'living game' with Azure AI

View
Someone bought the new Chromecast and told Reddit all about it

Someone bought the new Chromecast and told Reddit all about it

View
Here's everything Amazon announced at its big hardware event

Here's everything Amazon announced at its big hardware event

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr