sgc

While the CRTC's recent reversal on GlobalLive brought a little excitement to the Canadian wireless sector, many believe Canada is still seriously lagging in real consumer choice and competition. Perhaps part of the proof is that most of the companies on this list service the international, not domestic market. We look at the Top 10 performing Canadian wireless stocks in 2009. 1. DragonWave (TSX:DWI) +942% Price as of Dec 31st, 2008: $.96 Price as of Dec 11th, 2009: +$10 From the Venture Exchange to a full Nasdaq listing in less than a year, everyone was chasing the Dragon in '09. 2. Tranzeo (TSX:TZT) +239% Price as of Dec 31st, 2008: $.33 Price as of Dec 11th, 2009: $1.12 After a steady two year decline, Tranzeo's stock snapped back to action in '09. 3. Bridgewater Systems (TSX:BWC) +236% Price as of Dec 31st, 2008: $2.50 Price as of Dec 11th, 2009:$8.40 The second of three stocks on this list with Sir Terry Matthew's fingerprints on it, Bridgewater was helped in 2009 by big orders from Verizon. 4. Redknee (TSX:RKN) +231% Price as of Dec 31st, 2008: $.275 Price as of Dec 11th, 2009:$.91 Stock jumped in April after a string of sales of its billing support services to European service providers. 5. Zarlink Semiconductor (TSX:ZL) +187% Price as of Dec 31st, 2008: $.31 Price as of Dec 11th, 2009: $.89 Returned to profitability after a couple iffy quarters. 6. CounterPath (TSX:CCV) +97% Price as of Dec 31st, 2008: $.31 Price as of Dec 11th, 2009: $.61 Some wonder if this will be Terry Matthew's next area of focus; he recently increased his holdings considerably. 7. Sangoma (TSXV:STC) +81% Price as of Dec 31st, 2008: $.48 Price as of Dec 11th, 2009:$.87 Strong run has recently resumed for a company that never seems to have a losing quarter. 8. Glentel (TSX:GLN) +73% Price as of Dec 31st, 2008: $7.50 Price as of Dec 11th, 2009: $13 One of the more recent techs to begin a share buyback program. 9. Advent Wireless (TSXV:AWI) +67% Price as of Dec 31st, 2008: $.46 Price as of Dec 11th, 2009:$.77 Quiet wireless retailer isn't sexy, just profitable. 10. Sandvine Communications (TSX:SVC) +64% Price as of Dec 31st, 2008: $.81 Price as of Dec 11th, 2009: $1.33 Still losing money, but cash position remains very strong.