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Slightly off topic, but there is a rumour Verizon may be expanding cell coverage to Canada by buying small player Wind Mobile. Because of foreign ownership restrictions in Canada they can't buy any of the "Big 3" - Rogers, Bell and Telus.

As for normal internet, it definitely is. You can go without competition here because the cable systems are local monopolies. Only in select areas do other operators use the existing networks (as required by law, they have to pay the infrastructure owner (Bell, Rogers, etc) to use.) - something like TekSavvy. So internet gets pricey quickly... :/