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Difficult times ahead for Canadian wireless sector, investors warn

News | 11/27/2008 7:41 pm EST

The Canadian wireless industry is in for some tough times, according to two industry analysts. Speaking at Insight‘s 5th Canadian Telecommunications Forum conference in Ottawa this week, Dvia Ghose, of Genuity Capital Markets, and Jeff Fan, of UBS Securities Canada, said the incumbent mobile operators are going to suffer from lower revenue per user and profitability as a result of the wireless industry’s changing dynamics.

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