RBC analyst forecasts challenges for Canadian telecom investors in 2026

theglobeandmail.com [$]

RBC Dominion Securities analyst Drew McReynolds predicts a challenging year for Canadian telecommunications investors in 2026, emphasizing execution on new revenues and cost control. McReynolds notes increased promotional activity in the wireless sector in early 2026, which could pressure valuations if sustained, though he doesn't expect immediate guidance revisions for major carriers. He views the Canadian telecom industry as maturing, with a focus shifting to free cash flow and return on invested capital, and sees current valuations as reasonable.


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RBC analyst forecasts challenges for Canadian telecom investors in 2026 | News Minimalist