Quebecor Inc Shs -B- Subord.Voting
QBR.B: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| CAD 43.00 | Srwsjry | Bglzxskvh |
After Freedom Mobile Acquisition, Quebecor’s Best Growth Opportunities Come From Outside Quebec
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Business Strategy and Outlook
Telecom dominates Quebecor’s business, making up more than 85% of revenue and nearly all of its EBITDA. The firm has historically focused its telecom efforts in Quebec, where it dominates the fixed-line market--providing broadband service to 60% of the homes its network passes--and holding its own in wireless against national providers. We estimate Quebecor has a 21% wireless market share in Quebec.