|By Marketwired .||
|June 18, 2014 03:15 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 06/18/14 -- At a keynote speech to The 2014 Canadian Telecom Summit, Quebecor President and CEO Pierre Dion today outlined a vision for a new low-cost wireless service in Canada, one that would provide Canadians with competitive voice, data and roaming plans currently only available in Europe and Australia.
"Our vision is to provide Canadians with a new high quality, low-cost wireless choice and real wireless competition," said Mr. Dion. "We aim to deliver real low-cost wireless plans for consumers, real wireless competition, and a real new offering in the Canadian marketplace. Under the right conditions, we are ready, willing and able to become Canada's "fourth wireless competitor."
Videotron is uniquely positioned to address the Canadian government's stated policy objective of a serious fourth competitor in the markets where this is lacking - a fourth competitor who is experienced, well-financed, well-equipped, highly entrepreneurial and customer-focused.
Videotron's plan is based upon achieving meaningful market penetration through offering Canadians outside Quebec the country's best low-cost subscriber plans.
The plan includes major investments in spectrum, an expanded network and consolidation with willing partners. To date Videotron has invested over $1.6 billion in wireless spectrum and networks.
Critical to the vision is an urgent need for a fair and competitive federally regulated roaming policy. The current regulatory landscape favours the incumbent wireless players in Canada. According the Competition Bureau of Canada, incumbent players have used the roaming policy as a "strategic tool to eliminate or reduce the competitive pressure... in Canadian mobile wireless markets."
Independent research conducted by the SeaBoard Group suggests that roaming rates charged by the incumbents to new entrants can be many times more than even the lower interim rates established by Industry Canada in the recent Budget Implementation bill.
"With a fair, competitive and level playing field on roaming, the stage will be set for a new era of consumer choice in Canada. It will benefit consumers, small businesses, and the economy at large," added Mr. Dion. "It will be the dawn of a new sustainable and viable low-cost wireless service."
Quebecor, a Canadian telecommunications, entertainment and news media leader, is one of the best-performing integrated communications companies in the industry. Driven by their determination to deliver the best possible customer experience, all of Quebecor's subsidiaries and brands are differentiated by their high-quality, multiplatform, convergent products and services.
Quebecor (TSX:QBR.A)(TSX:QBR.B) is firmly based in Quebec. It holds a 75.36% interest in Quebecor Media, which employs more than 15,000 people in Canada.
A family business founded in 1950, Quebecor is strongly committed to the community. Every year, it actively supports people working with more than 400 organizations in the vital fields of culture, health, education, the environment and entrepreneurship.
Visit our website: www.quebecor.com
Follow us on Twitter: https://twitter.com/QuebecorMedia
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Sep. 30, 2016 10:00 AM EDT Reads: 4,611
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Sep. 30, 2016 10:00 AM EDT Reads: 2,726
Big Data has been changing the world. IoT fuels the further transformation recently. How are Big Data and IoT related? In his session at @BigDataExpo, Tony Shan, a renowned visionary and thought leader, will explore the interplay of Big Data and IoT. He will anatomize Big Data and IoT separately in terms of what, which, why, where, when, who, how and how much. He will then analyze the relationship between IoT and Big Data, specifically the drilldown of how the 4Vs of Big Data (Volume, Variety,...
Sep. 30, 2016 10:00 AM EDT Reads: 1,217
Sep. 30, 2016 10:00 AM EDT Reads: 4,475
Sep. 30, 2016 10:00 AM EDT Reads: 4,221
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
Sep. 30, 2016 10:00 AM EDT Reads: 1,828
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Sep. 30, 2016 10:00 AM EDT Reads: 2,395
Sep. 30, 2016 09:45 AM EDT Reads: 3,251
Sep. 30, 2016 09:45 AM EDT Reads: 223
Sep. 30, 2016 09:30 AM EDT Reads: 2,583
Sep. 30, 2016 09:30 AM EDT Reads: 2,731
Sep. 30, 2016 09:15 AM EDT Reads: 3,050
Sep. 30, 2016 09:15 AM EDT Reads: 3,061
Sep. 30, 2016 09:00 AM EDT Reads: 2,902
Sep. 30, 2016 08:45 AM EDT Reads: 201