Telus is offering $1.1 Billion for Fido, with just over 1.1 million
customers, so they are paying about $1000 per customer.

I looked at some numbers, given that Fido is pushing prices down, it is
likely that the demise of Fido could lead them to an effective increase
of 20% in rates (yes, it will all be hidden, changes to per minute
billing, changes to LD costs, text costs, picture messaging costs, and
for their existing Telus customers not having to reduce rates to keep
them from jumping to Fido, but still a 20% increase in revenue per
customer over what they would have had received. )

Say they loose 30% of Fido customers, gives them 800 000 new customers
from Fido. They have something like 3500000 customers now.
(http://strategis.ic.gc.ca/epic/internet/insmt-gst.nsf/en/sf08158e.html
and I assumed they have gained customers since)

Effective rate increase of 20% for 800 000 ex Fido plus 3500 000 000
Telus customers gives them 4 300 000 customers at 20% increase over $55
ARPU per month = $47 000 000 per month extra, or $560 000 000 extra per
year.

They pay for the Fido purchase in 2 years!!

These are very rough numbers and I have not analyzed the debt they may
take on, but even if it takes 5 years to pay for Fido, still a great
deal for Telus and a rotten deal for every wireless customer in Canada,
Fido, Telus, Rogers and Bell customers alike.

The Federal Government's 'made in Canada' telecommunication policies
have clearly failed.

Andrew