The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A Rogers Plus store in Toronto.
A Rogers Plus store in Toronto.

Can anything stop the telcos’ wild run?

At this point you have to wonder if even a market meltdown would affect the stocks of Canada’s largest telecommunications companies.

When the S&P/TSX Composite Index plummeted over 300 points on Monday, with major commodity producers going down the tube, the telcos barely budged. Telus lost just 14 cents; Rogers actually climbed 12 cents.