Both telecom stocks in Canada and US have been stagnant to some extent. The runway for growth for wireless in Canada is very strong. It is more exposed to Shaw's move to wireless than BCE and Rogers. It is trading at 9x EBIDTA which is high, but the dividend is at 5% and the growth rate should increase. Good stock for income investor.
Both telecom stocks in Canada and US have been stagnant to some extent. The runway for growth for wireless in Canada is very strong. It is more exposed to Shaw's move to wireless than BCE and Rogers. It is trading at 9x EBIDTA which is high, but the dividend is at 5% and the growth rate should increase. Good stock for income investor.