Following Rogers Communications Inc.'s successful closing of the largest telecommunications deal in Canadian history last month, the company's two main rivals say they are well positioned to compete in the altered industry landscape.
"On the wireless side, specifically, we are one of the very few countries with four players and probably the only with the convergence between wireline and wireless. I think the job ought to be considered as having been done now on the wireless front from a public policy and regulatory perspective," said Bibic, who also heads BCE.
"We have over 20 years of consistency and delivery and so we'll continue to focus on our customer experience, our social capitalism and the principles that are near and dear to us that resonate with our customers." Last month, Industry Minister François-Philippe Champagne said Canadians "pay way too much for telecom services" as he signed off on the Rogers-Shaw deal and outlined conditions that Rogers and Videotron must adhere to, aimed at bolstering competition and reducing costs for customers.
"So we still have to pay for all the input costs to build these incredible networks to 99 per cent of the Canadian population." Its monthly churn rate for the category — a measure of subscribers who cancelled their service — was 0.9 per cent, up from 0.79 per cent during its previous first quarter. Bibic said that reflected greater overall market activity but was still below pre-pandemic levels.