A Vision for High Quality Low-Cost Wireless in Canada

A Vision for High Quality Low-Cost Wireless in Canada 
Real Competition with a New Expanded Canadian Network 
TORONTO, ONTARIO -- (Marketwired) -- 06/18/14 --  At a keynote speech
to The 2014 Canadian Telecom Summit, Quebecor President and CEO
Pierre Dion today outlined a vision for a new low-cost wireless
service in Canada, one that would provide Canadians with competitive
voice, data and roaming plans currently only available in Europe and
"Our vision is to provide Canadians with a new high quality, low-cost
wireless choice and real wireless competition," said Mr. Dion. "We
aim to deliver real low-cost wireless plans for consumers, real
wireless competition, and a real new offering in the Canadian
marketplace. Under the right conditions, we are ready, willing and
able to become Canada's "fourth wireless competitor." 
Videotron is uniquely positioned to address the Canadian government's
stated policy objective of a serious fourth competitor in the markets
where this is lacking - a fourth competitor who is experienced,
well-financed, well-equipped, highly entrepreneurial and
Videotron's plan is based upon achieving meaningful market
penetration through offering Canadians outside Quebec the country's
best low-cost subscriber plans.  
The plan includes major investments in spectrum, an expanded network
and consolidation with willing partners. To date Videotron has
invested over $1.6 billion in wireless spectrum and networks.  
Critical to the vision is an urgent need for a fair and competitive
federally regulated roaming policy. The current regulatory landscape
favours the incumbent wireless players in Canada. According the
Competition Bureau of Canada, incumbent players have used the roaming
policy as a "strategic tool to eliminate or reduce the competitive
pressure... in Canadian mobile wireless markets." 
Independent research conducted by the SeaBoard Group suggests that
roaming rates charged by the incumbents to new entrants can be many
times more than even the lower interim rates established by Industry
Canada in the recent Budget Implementation bill. 
"With a fair, competitive and level playing field on roaming, the
stage will be set for a new era of consumer choice in Canada. It will
benefit consumers, small businesses, and the economy at large," added
Mr. Dion. "It will be the dawn of a new sustainable and viable
low-cost wireless service."  
About Quebecor  
Quebecor, a Canadian telecommunications, entertainment and news media
leader, is one of the best-performing integrated communications
companies in the industry. Driven by their determination to deliver
the best possible customer experience, all of Quebecor's subsidiaries
and brands are differentiated by their high-quality, multiplatform,
convergent products and services.  
Quebecor (TSX: QBR.A)(TSX: QBR.B) is firmly based in Quebec. It holds
a 75.36% interest in Quebecor Media, which employs more than 15,000
people in Canada.  
A family business founded in 1950, Quebecor is strongly committed to
the community. Every year, it actively supports people working with
more than 400 organizations in the vital fields of culture, health,
education, the environment and entrepreneurship.  
Visit our website: www.quebecor.com  
Follow us on Twitter: https://twitter.com/QuebecorMedia 
Luc Lavoie
Quebecor Media
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