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Stock impact report

Hey Canada, pick up the phone. Competition is calling [Toronto Globe and Mail (Ontario, Canada)]

TELSTRA CORP S/ADR (TLSYY) 
NASDAQ:AMEX Investor Relations: telstra.com.au/aboutus/investors
Hey Canada, pick up the phone. Competition is calling This spring, if you were shopping for a new wireless plan with a fat data package of 1 gigabytes, the average cost in cities such as Vancouver, Calgary and Toronto was $11 a month, on either Bell, Telus or Rogers. In Montreal, however, the same plan from Canada’s Big Three wireless brands cost $75 and includes 12 GB of data. In Regina, Bell was offering the 1 GB plan for $6 – almost half the price compared with Toronto and elsewhere. The difference is competition, or the absence of it. In Quebec, Videotron serves as a solid fourth competitor. SaskTel, provincially owned, does the same in Saskatchewan. In most other places, the Big Three dominate. Story continues below advertisement The striking gap – and the puzzle of wireless competition – is laid bare in a new report earlier this year process The Competition Bureau’s work illuminates the problems. The Big Three have the highest average operating profit margin, compared with playe Show less Read more
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