Canadian Telecoms Set for Weaker 1Q as Price Wars Drag On -- Market Talk
Dow Jones04-07
1043 ET - Canadian telecom companies are heading into what's expected to be a weaker 1Q as heavy promotional activity earlier in the year weighs on results. CIBC analyst Stephanie Price says that while the post-holiday period is usually quieter, "this 1Q was an anomaly, with wireless pricing becoming aggressive in mid-January and promotions continuing through quarter end." She forecasts consolidated industry revenue and adjusted Ebitda each rising about 1% from a year earlier, driven mostly by recent acquisitions.(adriano.marchese@wsj.com)
(END) Dow Jones Newswires
April 07, 2026 10:43 ET (14:43 GMT)
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