Word: canadas
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...Organization, it's calling on nations to keep their borders open and to avoid restricting international travel, and emphasizes that a pandemic is not inevitable. Despite that plea, Argentina and Cuba have suspended all flights from Mexico, and tour operators and airlines across the globe - including some based in Canada, Germany and the U.K. - have canceled flights and holiday packages to sunshine destinations like Cancún and Cozumel. (See pictures of thermal scanners hunting for swine...
...have things gone so terribly wrong for two of Canada's once esteemed telecom giants? What's happening in Canada is a reflection of a fundamental power shift taking place globally. Once untouchable telcos and their suppliers, including Nippon Telegraph & Telephone Corp., Deutsche Telekom and France Telecom, have become mastodons stuck in a tar pit. They are surrounded by a host of new technologies and hungry cable companies, wireless operators and handset providers with low-cost solutions and must-have apps. These competitors and their supply chains are smarter, faster, more aggressive. And they're gobbling up business...
...past few months, Canada's telecom industry has been a cautionary tale. It's now increasingly likely that Nortel Networks Corp., the biggest maker of telephone equipment on the continent, will emerge from bankruptcy stripped of many of its most valuable assets along with its ambitions to be a world beater. Meanwhile, Montreal-based BCE Inc., parent of the country's biggest telco, Bell Canada, has continued its slide since a record $42.1 billion deal to privatize the company was abruptly killed in the final weeks...
...harsh reality is that the situation will get worse--perhaps much worse--not only in Canada but also around the globe for once powerful telcos and their suppliers...
...some of the old luster to its valuation, analysts say, it must turn back advances made by cable operators and invest billions of dollars in network upgrades. Nowhere is this more urgent than in the province of Quebec, where Videotron Ltd. has coaxed 850,000 customers away from Bell Canada since launching its cable phone service four years ago. That figure is expected to top 1 million in 2009, driven in part by Videotron's ability to attract subscribers to a discounted triple-play bundle that combines voice, cable and high-speed Internet. "We're prepared to fight...