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Ralph Nader on Verizon's entering Canadian wireless market: 'Bad idea'

Anonymous Coward writes | about a year ago

1

An anonymous reader writes "In an open letter to Prime Minister Stephen Harper published by the Toronto Star http://www.thestar.com/opinion/commentary/2013/08/22/ralph_nader_to_canada_dont_open_door_to_verizon.html, Ralph Nader says Verizon has made extensive use of U.S. tax subsidies even though the wireless communications giant was profitable at the same time.

Verizon has been exploring an entry into the federally regulated wireless market, currently dominated by three Canadian companies — Rogers, Bell and Telus.

The three carriers and the domestic industry’s main association have responded with an extensive publicity campaign calling for the Harper government to drop policies that they say give Verizon an unfair advantage over them.

"Bottom line: Verizon is one of the country’s most aggressive corporate tax dodgers." Says Nader

Citing a report by the Center for Tax Justice and Good Jobs First, Nader says Verizon received $14 billion in U.S. federal and state income tax subsidies in the 2008-2012 period, even though it earned US$33.4 billion in pre-tax income.

“Question: Why would you allow one of our country’s most aggressive tax dodgers, a company with a track record of overtly ripping off our government, into your country,” Nader writes.

“What’s bad for the United States will be bad for Canada.”"

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Verizon will have competition.... (1)

Em Adespoton (792954) | about a year ago | (#44644291)

... or should I say Rogers/Bell/Telus are afraid of having to share the pie?

http://www.vancouversun.com/opinion/letters/Opinion+Verizon+next+bogeyman+Telecom/8786778/story.html [vancouversun.com]

Unlike the US, Canada isn't afraid of loss of tax revenue; the mandate here is to provide more accessible telecommunications to Canadians. Currently, there are three players who have gamed the system. All of their claims to this point have been about how allowing Verizon in will hurt THEM, not consumers. So, this is a fresh angle of attack, of the style that works in the US, saying that allowing Verizon in will hurt government revenues.

Unfortunately, in Canada the government is still, to some degree, there to govern for the benefit of the people, not for the benefit of itself or big business. So this argument still doesn't change much. It'll be interesting to see what Rogers/Bell/Telus will try next. They definitely see their cash cow moving on to other pastures.

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