Verizon CEO confirms no Canada expansion plans

Verizon CEO confirms no Canada expansion plans

Verizon Wireless won't be expanding into Canada, says Verizon's CEO. The news comes on the heels of Verizon Communications' announced plans to buy out Vodafone's 45 percent stake in Verizon Wireless. While Verizon had looked into a northern expansion, CEO Lowell McAdam left no room for interpretation in a recent comment, according to The Globe and Mail. "Verizon is not going to Canada," he told Bloomberg.

The Canadian government under current prime minister Stephen Harper and the Conservative Party wants to expand nationwide coverage from three carriers - Rogers, Bell Wireless and Telus - to four (several smaller companies offer regional coverage in various parts of Canada). It looked like Verizon would gain a foothold in the Canadian market by buying one of those smaller regional carriers then acquiring spectrum in an upcoming government auction.

Now those plans are off the table, and the long-term viability of some of those carriers - as well as the outcome of the spectrum auction - is causing concern for some Canadian officials.

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Peter Cohen

Managing Editor of iMore, Mac and gaming specialist and all-around technologist. Follow him on Twitter @flargh

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Reader comments

Verizon CEO confirms no Canada expansion plans

2 Comments

Rogers, Telus, and Bell will be happy to hear about this. I notice their phone plans have skyrocketed in the past few months. There's nothing even remotely reasonable unless you buy from a list of about 10 Android phones. And even then the plans for those are high.

I'm glad I got my 6GB/month plan years ago. Not sure if I'll ever give that up.

You'll lose it when your contract expires, unless you want to pay much more for it then you did before on your old contract...