Canada’s Big Three telecommunications carriers say they are taking in less revenue from international roaming so far this year as fewer Canadians travel to the U.S. amid the ongoing trade war.
But the companies say for the most part they haven’t yet borne the brunt of the economic impacts associated with U.S. tariffs, such as a pullback in consumer spending at home.
Speaking Wednesday at a telecom and media conference hosted by TD Securities, Bell Canada chief executive Mirko Bibic said the company’s international roaming revenue was down about 10 per cent in the first quarter.
He said that pace would “probably” continue throughout the year, in response to a question from TD analyst Vince Valentini.
“March in particular was hit, so it certainly hasn’t grown and people are not travelling as much in particular to the U.S.,” said Bibic.
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“But we’ll see in the summer.”
He said international roaming represents around four per cent of …