Higher Month-to-month Canadian Wireless Prices Hint at Carrier Discipline

Dow Jones06-24 22:58

1058 ET - Recent Canadian CPI data may be signaling that wireless carriers are showing some discipline in pricing. TD Cowen's Vince Valentini says in a note that wireless prices fell 2.6% year-over-year, but rose 5.9% month-over-month, "which is consistent with the competitive intensity that is suggested with our channel checks," showing that discipline has been "maintained so far through June." Still, Valentini says bigger test for the industry will come later as the industry works to sustain profitable growth through the end of 2026, given "volume growth from immigration may not pick up for another year." (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

June 24, 2026 10:58 ET (14:58 GMT)

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