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Verizon Says It Won't Enter Canada; Incumbent Providers' See Major Stock Gains ·
Executives at Canada’s largest telecom companies are sighing relief after Verizon announced it was not interested in competing in Canada. “Verizon is not going to Canada,” Lowell McAdam, chief executive officer of New York-based Verizon, said yesterday in a phone interview with Bloomberg News. “It has nothing to do with the Vodafone deal, it has …