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Transport committee  Is that okay now?

April 20th, 2021Committee meeting

Pierre Karl Péladeau

Transport committee  Mr. Iacono, We can only applaud the recently announced initiatives that will be implemented by the Government of Quebec in collaboration with the Government of Canada. Thanks to a significant investment, people will be able to have high–speed Internet. That will at least be the c

April 20th, 2021Committee meeting

Pierre Karl Péladeau

Transport committee  I had an opportunity to talk about this. For me, the reason is very simple: we must ensure the existence of conditions that foster competition. As a result of the previous monopoly, a certain number of constraints make those measures essential. I talked about poles and the CRTC

April 20th, 2021Committee meeting

Pierre Karl Péladeau

Transport committee  To answer that specifically, Mr. Scheer, it took a year for the decision. I guess you are right to mention that, fortunately, we certainly have some financial wherewithal that smaller companies probably don't have. I would say there is always room to improve our capacity to mak

April 20th, 2021Committee meeting

Pierre Karl Péladeau

Transport committee  Thank you, Mr. Iacono. Your question is very relevant. You are right to bring this up. As I said in my presentation, having a telecommunications network has become necessary to ensuring the productivity of a country's industry. Let's take Germany for example, which has actuall

April 20th, 2021Committee meeting

Pierre Karl Péladeau

Transport committee  Thank you very much, Mr. Scheer. We've been going on for many months about the issues that we're facing in the telecommunications world. Certainly, as you know, there's a lot of influence in place in Ottawa with regard to how the former monopoly used to do business. We've been t

April 20th, 2021Committee meeting

Pierre Karl Péladeau

Transport committee  Thank you, Mr. Chairman. Mr. Chair, ladies and gentlemen members of the committee, good evening. My name is Pierre Karl Péladeau, and I am President and Chief Executive Officer of Quebecor Media. I am joined by my colleague Jean-François Pruneau, President and Chief Executive Of

April 20th, 2021Committee meeting

Pierre Karl Péladeau

Industry committee  My intervention is to make sure that we will get and we will provide a competitive environment for Canadians in the wireless business. We don't compete against Shaw and the cable business, the Internet access business or the wireline telephony. I think that Shaw has been able to

March 31st, 2021Committee meeting

Pierre Karl Péladeau

Industry committee  You know, foreign carriers unfortunately prove.... We saw what took place with Wind Mobile at the beginning of the auction in 2008. This was a failure. You need to be an operator and you need to have a strong financial base to be able to succeed. I guess foreign carriers are not

March 31st, 2021Committee meeting

Pierre Karl Péladeau

Industry committee  That's correct, sir. I think Mr. Pruneau has accurately summarized our position.

March 31st, 2021Committee meeting

Pierre Karl Péladeau

Industry committee  I should tell you that that's incorrect. We have never said we were opposed to resellers. On the contrary, we think they encourage competition. So we're in fact in favour of their being in the market. However, you have to see what the resale conditions are. As you know, a decisi

March 31st, 2021Committee meeting

Pierre Karl Péladeau

Industry committee  I would say that history shows that when you have four operators, you'll be able to enjoy more competition. Therefore, that will be shown in the prices and different offers available to consumers. Otherwise, fewer players means less competition. It's true in Canada, but it's tr

March 31st, 2021Committee meeting

Pierre Karl Péladeau

Industry committee  I can give a very simple answer: Quebecor is not for sale, just as Cogeco was also not for sale, as we would find out from the Louis Audet family. Certainly, this is not the situation. Personally, I inherited it from my father as Louis Audet did. My goal is to make sure that thi

March 31st, 2021Committee meeting

Pierre Karl Péladeau

Industry committee  Wireless telephony has evolved like any other technology or product ever since it's been around. For example, cars in 1910 weren't the same as those of 2021. The same is true of telephony. We went from 1G to 2G, then to 3G, 3.5G and 4G, which is LTE, and then LTE Advanced. Now we

March 31st, 2021Committee meeting

Pierre Karl Péladeau

Industry committee  Yes, absolutely. On the contrary, I'm even inclined to think that competition will continue and the fourth operator will be dynamic. Of course, it will have to have the financial capacity to acquire the assets, but also develop the operations, of the business, build a network and

March 31st, 2021Committee meeting

Pierre Karl Péladeau