You should try reading the rest of that article.
I read the full article. What information in the rest of the article proves your point? Not sure what you're getting at here.
The person you are quoting has no insight into the inner workings of the industry. Foreign investors could compete if they wanted to. They don't see enough benefit in coming in. Simple as that.
No... foreign investors could not compete if they wanted to because of the telecommunications act. Sorry, but you're just plain wrong. Do you not believe the telecommunications act is a real thing? Do you have any evidence to support your claim that a foreign company could operate a large telecommunications company in Canada?
Here is another article if you don't believe me:
http://business.financialpost.com/t...e-outdated-should-be-abolished-by-crtc-report
The Telecommunications Act prevents non-residents from owning more than 20 per cent of a communications operating company, 33.3 per cent of a holding company and 46.7 per cent of voting shares. The Broadcasting Act requires that broadcasting firms with more than 10 per cent of the market share be Canadian-owned and controlled.
Sorry... but facts are facts. It's stated there in plain English.
And if government feels the people want to lift restrictions, they will do it. Or more accurately the public will demand it.
Do you think the people control the government or the government control the people?
At least here you are now admitting there are "restrictions", whereas before you claimed that "Foreign investors could compete if they wanted to." So what is it? Are they restricted or are they free to compete? As I showed you, they are restricted from doing business in Canada which is why Rogers and Bell have no real competition.
You seem to have a lot of faith in the public and their ability to change government. The public are generally stupid and too lazy to demand anything. You're not going to have millions of Canadians marching in the streets so we can use Verizon and AT&T. Canadians will continue voting for the same idiot politicians we always vote for.
So I'm not holding my breath waiting for the public or the government to change things. All I can do is cut the cord and watch high quality streams and try to keep my internet and cell phone costs down. I'm not going to change the system, so I gotta work around it.