CTV News - Feds may loosen foreign ownership in wireless industry

(6-Jun-10) Canada's wireless industry could be lined up for a dose of competitive fervour if Ottawa launches its anticipated loosening of foreign ownership restrictions and throws open the doors to outside investors in the coming months.

Analysts widely anticipate that Industry Minister Tony Clement could unveil further details of government's plans for changes to ownership in the communications industry during a key note speech slated for Monday morning at the Canadian Telecom Summit in Toronto.

The minister is expected to first seek the opinions of Canadians after unveiling the details of the government's plan.

"Certainly he'll put feelers out and see what kind of response he gets to it," said Mark Tauschek, senior research analyst with InfoTech Research Group.

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