Canada Telecom market is a telecom market in Northern America with 16 Canada Telecom Companies (big three!) and 30.5 million mobile connections. Canada Telecoms

According to a study by the Canadian Radio-television and Telecommunications Commission (CRTC) published in 2020, Canadian mobile wireless prices have decreased by 28% since 2016, but they are still higher than the average prices in other countries such as the United States, the United Kingdom, Italy, France, Australia, and Japan. The study found that for a basket of services, including voice, text, and data, the average Canadian price was CAD 41.08 per month, compared to the United States at CAD 28.29, the United Kingdom at CAD 29.76, and Italy at CAD 31.05.

A separate study by the Organization for Economic Cooperation and Development (OECD) published in 2020 also found that Canadian mobile wireless prices are higher than the OECD average, but have decreased in recent years. According to the study, the average price for a mobile wireless plan with at least 2GB of data in Canada was USD 37.75 per month, compared to USD 24.15 in the United States and USD 25.20 in Mexico.

In terms of fixed-line broadband, the CRTC study found that Canadian prices were generally higher than other countries, including the United States and European countries. The study found that the average Canadian price for a fixed broadband plan with at least 50 Mbps download speed was CAD 82.03 per month, compared to CAD 64.99 in the United States, CAD 32.38 in Italy, and CAD 50.92 in the United Kingdom.

Regulator: Canadian Radio-television and Telecommunications

37%

market share

31%

market share

31%

market share

The global COVID-19 pandemic and the necessary containment measures put in place by governments will substantially impact the Canadian telecommunications services market producing negative growth in 2020 before rebounding in 2021.

IDC Canada expects that the telecom services market will contract by almost C$2 billion with the overall revenue expected to fall to C$47.9 billion – a negative -0.8 per cent decline from a year earlier. As recently as December 2019, we had projected positive 3.2 per cent annual growth for the sector in 2020. By comparison, IT spending in Canada is expected to decline by -5.0 per cent in 2020, according to IDC Canada’s most recent forecast estimate. Canada Telecom Companies

Canadian Total Telecom Spending Growth for 2020 Revised Down to -0.8% from 3.2% in the Most Probable IDC Canada Forecast Scenario

Compared to Canada’s IT market, the C$48-billion-dollar telecom services sector has been historically more resilient or “recession-proof,” said Lawrence Surtees, Research Vice-President of Communications at IDC Canada. Even during the 2008-2009 financial crisis, telecom services retained positive annual growth. A decade later, telecom services have become further insulated to crisis as consumers and enterprises are more dependent on these services, especially internet and wireless. canada telecoms

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However, with new stringent containment and lockdown measures in place across Canada, resulting in a rapidly deteriorating economic outlook, GDP forecasts have recently been revised down sharply for the second and third quarters of 2020.