Telecoms scored record profits last year, more coming this year
September 7, 2007
Are regulatory changes, tech innovations like Voice over IP and increased competition hurting the big telecom players? It seems not. After posting record profits last year, Canada’s telecommunications industry will see profi t levels increase to $4.3 billion in 2007, according to the Conference Board’s Canadian Industrial Outlook: Canada’s Telecommunications Industry—Spring 2007.
The number of traditional fixed wire lines has steadily declined since its peak in 2001, while the number of cable telephony subscribers has climbed over the past 18 months. Also, recent proposed regulatory changes to local voice services could further limit price appreciation over the forecast period, the Conference Board said.
“(But) despite modest sales growth and minimal price increases, industry profi ts reached a record high in 2006 thanks to weak growth in material and capital costs,” said Michael Burt, senior economist. “However, weak price appreciation and a shrinking market for traditional wired services will limit industry profi t growth to an average of just 4.4 per cent annually between 2007 and 2011.”
Bluetooth headsets are very useful - until you misplace them. When you lose the attractive little S-800, you use your phone to signal the headset to start buzzing.
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