Statistics Canada on Friday offered up a little more evidence that competition in the wireless business can be a good thing for consumers. The agency's consumer price index showed the cost of telephone services dropped by a whopping 7.6 per cent in a month in December — the largest monthly drop in records going back to 1949. That's "likely a reflection of discounted wireless service plans offered in the month," TD Bank senior economist Brian DePratto wrote in a client note. Watch: Ranking Canada's wireless carriers on customer serviceCanada's Big Three wireless providers — Bell, Rogers and Telus — all came out last month with special deals on their wireless services, offering 10 GB of data for $60 a month. But analysts aren't entirely sold on the notion that Freedom Mobile is a serious threat to the Big Three, at least so far.

Source: Huffington Post January 27, 2018 15:22 UTC