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Technology Stocks : Clearnet, the Canadian wireless play (CLNTF) -- Ignore unavailable to you. Want to Upgrade?


To: Readyman who wrote (204)8/9/1999 3:45:00 PM
From: Ken Turetzky  Read Replies (1) | Respond to of 214
 
"The investment by AT&T Corp. and British Telecommunications PLC in Rogers Cantel Mobile Communications Inc. will speed up consolidation of Canada's telecommunications industry, analysts say....

"As such, the strategic value of wireless firms Clearnet Communications Inc. of Toronto and Montreal-based Microcell Telecommunications Inc. will continue to rise as larger phone companies such as Burnaby, B.C.-based BCT.Telus Communications Inc. build themselves into one-stop service shops....

"Bob McFarlane, chief financial officer at Clearnet, said his company is well-positioned to go it alone, or, if forced, become part of a larger service bundling initiative with other players.

"Many analysts have long thought Clearnet and BCT.Telus to be a good industry match, largely because their respective wireless technologies share the same standards."

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