Today is a middle-child kind of day for markets with attention split between what happened yesterday and what is going to happen tomorrow.
Rogers and Quebecor/Freedom have been before the CRTC trying to agree on rates Quebecor will pay to Rogers for using its network to provide cell coverage outside of Quebecor’s home network. The CRTC sided with Quebecor’s proposed rate structure. While the CRTC did not disclose the rate, most analysts today are viewing this as positive for Quebecor and negative for incumbents like Rogers, BCE and Telus because it could put further pressure on prices.
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