The word that President Obama is easing trade restrictions on Americans dealing with Cuba will have repercussions for Canada’s telecommunications carriers. The administration is going to license US carriers to build new links to the Island.
For at least 15 years, facilities operated by carriers in Canada have provided a gateway for Americans to place calls to families, since there are a very limited number of circuits currently available on direct links between the US and Cuba.
Wholesale rates to Cuba are about US$0.22 per minute (landline and cellular), which is about double the current rates to Haiti and around ten times the US$0.023 rates to Dominican Republic.
Which Canadian carriers have the greatest exposure to losing that traffic?
Technorati Tags:
Cuba