Hi guys...
I live in Canada, Ottawa the catital to be exact...
1st Point: ADSL was 1st here, much before the USA.I am talking almost full rollout (within 5 km of all their RO's)...
Expensive though at $ 65/month. Now they are fumbling the ball and Cable/@Home is kicking their butt. Nothing is happening while cable is running away with the market.
Service interruptions on @Home are pretty frequent now, but I will stick with it as I am not going to go back to modems... called BARRIERS TO ENTRY.... Gorilla-game... Monopoly
2nd Point: Canada has the most cable-connected population on the planet, something like 90%+ is within cable range, and over 80% market penetration...
@Home has signed up ALL 3 cable providers in canada, something like 20 Million users.. Rogers Cable (RCI.b) , Shaw Communications & Videotron.
I am an @Home customer BTW, got in in february for 40$/month.
3rd: Cable is on a roll in Canada, and WILL beat ADSL.
4th AT&T has a major interest/alliance wirh Rogers, the biggest one in canada. I suspect there is a possibility that the "T" will buy Rogers or a portion of it, like that US RBOC did with Bell Canada.
Final Point: --> ATHM is NOT a Sure winner here people. I love the concept but here is why I think this stock is NOT a slam-dunk , even if Cable Internet is...
a)AT&T owns 71% of ATHM, so it's really just an overpriced subsiduary... nervous about this actually.
b)ATHM is no bargain stock, and it is completely at the mercy of it's cable partners... Might they decide to fold ATHM in their corporate entities some day ?
c)Excite does NOT excite me <smile>. They already have built a proprietary portal to the net, with their customized browser on IE/Netscape. Whoopie..
Question 1; Please let me know what you think of my ATHM comments..
Questions 2: Any questions people on the canadian market explanations . ??????????
T2K, I will need your help with investing in my RRSP, if you can
Take care
Jean
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