RE: BamboozledIt's your basic premise - that this is great news.
Why would another entrant in the wireless business be good news for anyone, other than the consumer? Is there a shortage of wireless capacity in the Canadian marketplace? Is more capital required for another build-out? The answer of course, is no. The goverment has offered Canadian companies the opportunity to bleed their market capitalization into consumers' pockets. Goverments and consumers will be happy, god knows why the likes of MBT and Shaw play along, you would figure that MBT already has its hand full trying to get Allstream up to its original expectations without getting distracted with this. Go ahead and cut the dividend and see what happens to the share price.