Verizon's dropped call leaves Tories on hunt for new phone fix
Canadian consumers Canadian consumers' hopes for more wireless
competition and lower prices have dimmed, if not faded to black,
with Verizon's announcement it doesn't to come north. — image
credit:  U.S. wireless giant Verizon's declaration it's not
interested in entering the Canadian market appears to have
dashed consumer hopes for cheaper cellphone rates and left
Ottawa seeking a new white knight to inject more competition.
"Verizon is not going to Canada," CEO Lowell McAdam told
Bloomberg Monday, adding speculation that it would was "way
overblown."  Some analysts had predicted Verizon would take a
long, slow approach to any move to buy one or more of the junior
Canadian wireless companies that have struggled against the
country's big three dominant telecom firms.  If the biggest U.S.
telco has abandoned a northern venture – and isn't merely
playing a waiting game to gain maximum advantage – it sends the
federal government back to the drawing