Verizon entry could be "catastrophic", says Quebecor CEO

By Bhaswati Mukhopadhyay (Reuters) - Canadian media and telecom conglomerate Quebecor Inc said the potential entry of Verizon Wireless into the country's wireless market could be "catastrophic" for regional operators looking to expand. Verizon's entry would radically alter the outcome of the current auction rules, Quebecor Chief Executive Robert Depatie said in a post-earnings conference call. Canada's wireless industry is bracing for its biggest shakeup in decades as Verizon Wireless, the biggest U.S. ...



via Tech News Headlines - Yahoo! News http://news.yahoo.com/verizon-entry-could-catastrophic-says-quebecor-ceo-195517455.html