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Yhe authors. pubhcatoons and corporate or academic unstllut them of thus message by Ben Is unlmm 0! "7‘0th “Why would Ottawa create a policy environment that favours a US. telecom giant and deliberately trashes the sharehoiders of the major Canadian wireless players?" " We’re not the only ones concerned “But there is no basis for the Commission to give certain large companies a regulatory hand-out... so they can acqmre spectrum.“ at a substantial discount over the price-that would otherwise be received." VENZOD. Regulatory filing to the FCC on US Incentive Auctions. , ' March 12. 2013 "In fact a report published last week commissioned by the CRTC suggested a similar conclusion (that wireless prices have come down meaningfully since 2008) ~ so we're not entirely sure where Industry Canada is getting its data about the market not being competitive. Then again. the government wOuldn't let a little data get in the way of a good lever for getting votes. and that‘s clearly what lS going on here." "The perception that Canadian prices are high relative to other jurisdictions has been seized upon by the government as an inwtation to intervene and deliver lower prices But the perception is false and the invitation is illogical." “...the federal government’s anything-goes market interventions to support a fourth carrier have so gerrymandered the rules to favour Verizon sweeping in that any investOr seriously interested in buying shares in Canadian telecom companies should be spooked." "This will mean significant layoffs which could easily trump the hiring to be done by Verizon which beSides a needed presence in retail outlets. should be able to initially handle a lot of functions (marketing. billing) from the United States." "Unlike the national Incumbents in Canada, we wonder if Venzon has a strategy for wureless broadband nn rural markets. a key pohtuca! consnderation for the Current Conservative Government " ons referenced have not approved 0: endOtsed any statement or posttvon of Ben No endorsement by Dr. Jeffrey Church and Andrew WllklnS of the Universrty of Calgary, The Globe and Mail, July 8, 2013 Adam Shyne, National Bank FIDaDCIdl, June 26. 2013 Sean Sz/coff, Dval Ghose. Canaccord Genuvry July 2. 20!} The Globe and Mail, June 27. 2013 Terence Corcoran, Financial Post. June 27. 2013 80b 89k. C IBC World Markets. July I2. 2013