Canada’s telecommunications companies don’t expect to be hit hard by the ongoing trade war with the U.S. but face other economic challenges that could limit their ability to attract new customers in the near future.
A report Monday by Desjardins says major providers that presented at its Montreal conference last week “were clear that they have limited exposure to tariffs,” while acknowledging the sector is not immune to negative macroeconomic pressures.
Analyst Jerome Dubreuil says in a note to clients that he wouldn’t be surprised to see one of the Big Three carriers report no net additions of new customers in its latest quarter, or even a decline….