Canada’s Telecommunications Industry: Industrial Outlook Spring 2016
The Conference Board of Canada, 12 pages
July 8, 2016
This report examines the short-and medium-term economic and profitability outlook for Canada’s Telecommunications Industry.
- Sluggish Industry Growth—The industry’s expansion has stalled in recent years due to the declining use of landlines, Canadians’ changing TV-viewing habits, and the maturing of the wireless segment.
- Canadian Consumers—These are challenging times for Canadian households. Weak job prospects, sluggish wage growth, and high levels of indebtedness are making it difficult for households to increase their spending on telecommunications services.
- Consolidation Wave—The wireless segments has seen a large number of acquisitions in recent years. The greater concentration in the industry will support profitability and allow firms to keep investing in their wireless and broadband infrastructure despite the weak economic environment.