Thursday, June 20, 2013

Verizon confirms interest in expanding wireless network to Canada

8:30 PM

There had been reports earlier this week that suggested Verizon was interested in entering the Canadian wireless market. Fran Shammo, the company?s chief financial officer, confirmed in an interview with The Wall Street Journal that the wireless provider is ?looking at the opportunity.? It had previously been reported that Verizon was interested in acquiring Canadian wireless provider Wind Mobile. The executive wouldn?t confirm talks with the wireless provider and would only say that the company?s plans are in the early stages. Shammo also explained that there could be some regulatory complications that could delay the carrier?s plans for entering the country, so it doesn?t seem like a move up north is likely to happen anytime soon.

Source: http://bgr.com/2013/06/19/verizon-wireless-canada-expansion/

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