Wireless startups to claim less Canadian subscriptions than originally expected, report reveals
In April, Convergence released a report that forecast wireless startups (Wind, Public, and Mobilicity) to capture 16% of the Canadian subscriber market by the end of 2014.
This month, Convergence lowered its estimate to just 12%, down substantially from 5.4 million subs to 4 million. This is a fairly dramatic shift for that period of time, though Convergence failed to offer a clear reason for the shift in numbers.
The Canadian Wireless Telecommunications Association says there are over 24 million wireless subscriptions in Canada now, a number that will exceed 32 million by the end of 2014. By then, smartphones wil account for two-thirds of new subscriptions.