Gov't reuglation why telcos 40 billion in shareholder value
Gov't reuglation why telcos 40 billion in shareholder value
The shorts of telcos which many Canadians and mutual funds and even CPP has their wealth stored
essentialy had 1/3 of there net worth 'destroyed' by the CRTC
the telcos hae no choice bu to cut dividends with less free cashflow per credtior agreeements.
they cannot pay dividends or borrow money to pay dividends.
that is what the shorts want..
they probably told the CRTC to force telcos to lower their profits
that is how manipulated the market is. and how greedy the bay street and corrupt.
it's all about the money.
you have 2% shorted positions. bondholders,insiders shorted the stock as a hedge.
unless the gov't or CRTC changes it's regulatiosn or support the company.
you got an industry under gov't shareholder value destruction
the gov't or CRTC being used by the shorts who probably conned the CRTC or liberal gov't to save Canadians in cheaper internet baloney