Similarly, before your career or your company is disrupted by aggressive new start-ups or the convergence of dominant players from adjacent industries, you should probably look around the table. Don't just look for opportunities in your existing industry.
Canada's wireless market has taken another step backwards. Yesterday, telecom giant Telus announced it has bought out Public Mobile, a small independent carrier with 280,000 customers in Quebec and Ontario. Our wireless market is already highly concentrated, with just three giant conglomerates controlling over 92 per cent of revenues.
Bell has announced they intend to enter the business of monetizing customer information. That might be a perfectly acceptable business opportunity for them but there's one very significant difference. Last time we checked, Bell charges hefty fees for its cellular, Internet and phone services. They are most definitely not free services.
The government, seizing an opportunity to capitalize on deep public anti-cell-phone-company sentiment, claims that Canadians needed more competition in the wireless business in order to lower prices and improve service for consumers. But if the problem isn't lack of competition, but lack of transparency and terrible customer service, then expensive ad campaigns are not the answer, nor is artificial, taxpayer-funded, unsustainable interference in the market to force more competition. We need facts, not propaganda.
Jully Black, fondly known as Canada's "Queen of R&B," is a magnetic artist whose abundant energy is seemingly superhuman. In my interview with Black, I asked her what her key to success is. Her answer is not only reflective of a deeply spiritual woman who is striving to live her life's purpose, it is a lesson for us all:
Good things happen when Canadians speak out! For months, tens of thousands of citizens from right across Canada have stood up to demand the government take action for authentic choice in our broken wireless market.
I love the month of September. I enjoy the fashion and jogging in the mornings when the air is crisp. Even though it marks the start of the season whe...
Bell, Rogers, and Telus have been collectively taking out full page advertisements in newspapers all summer long. You may have seen their most recent ...
Canadians have been speaking out for wireless choice and affordability for years now and, after years of telecommunications policy neglect, it looks like the government is finally starting to listen. It's heartening to see the government finally starting to reflect what Canadians have been saying for a long time now.
The Harper government needs to explain to Canadians how it intends to review and address national security concerns related to Verizon Communications' entry into this country's wireless market. Verizon has been deeply involved in the world's biggest ever spying scandal, as revealed by former CIA contractor Edward Snowden.
Canada's Big Three telecom giants are sounding increasingly desperate as their expensive ad campaign fails to connect with Canadians -- and now it looks like they're taking that desperation out on their employees. It's disappointing, although not surprising, that Big Telecom is resorting to strong-arming its employees into participating in their floundering campaign.
Judging by the remarkable grassroots response from Canadians, it's clear that Big Telecom has totally misjudged the national mood. They're wasting millions on misleading propaganda and expensive ads that almost nobody believes. Canadians are uniting against the lies of Big Telecom in a big way, and the results have been spectacular.
At first sight, the reaction of the three big players to Verizon's possible entry onto the Canadian market seems to be another illustration of their tendency to quash competition. A casual observer might be tempted to think that they're trying to secure government protection against a new player that poses a real threat to their market shares. Nothing could be further from the truth.
With a new report from the OECD placing Canada in 32nd place (out of 34) in terms of cell phone prices, the question is clear: Why is Canada falling so far behind the rest of the industrialized world? Our high prices are the direct result of the fact that 94 per cent of our broken wireless market is controlled by just three giant Big Telecom conglomerates. Many Canadians have no alternative to the high-cost Big Three.
Every Canadian who has signed up to a cell phone contract in the last year, or who intends to sign one before December, will be forced to remain in that contract beyond June 2015, or pay a hefty cancellation fee. As we move forward to fix our broken cell phone and telecom market we recommend Canadians hold off until December to get a new cell phone to ensure you can benefit from the new two year contract limits. If Big Telecom is successful in their court case those who sign up before December might be stuck in a restrictive contract until nearly 2017.
Big telecom companies can only price-gouge us like this because the government refuses to enforce its own rules. Canadian familiess and businesses already pay some of the highest prices in the industrialized world for some of the worst service. At this rate, it's only going to get worse.