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BCE Inc (2)
Symbol BCE
Shares Issued 776,887,880
Close 2014-03-19 C$ 47.96
Market Cap C$ 37,259,542,725
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Van Sun/CP say Big Three enjoy wireless price hikes

2014-03-20 09:46 ET - In the News

See In the News (C-RCI) Rogers Communications Inc

The Vancouver Sun reports in its Thursday edition the Big Three wireless carriers have put up prices on some of their voice and data plans since January, showing Ottawa is unable to live up to its promises of overall lower prices and increased competition. A Canadian Press dispatch to The Sun quotes consultant Eamon Hoey as saying that to this point Ottawa simply has not been able to live up to its promises to consumers. "It shows the bankruptcy of their so-called policy and their claims that they were going to be friends to the consumers," said Mr. Hoey. "They really lacked a plan as to how they were going to do this." Telus spokesman Shawn Hall concedes that Telus increased its unlimited nationwide talk and text plan rates by $5 for new contracts in January, but noted it also lowered the rate for its most popular data plans by $5 as well. Rogers said the data-usage habits of its customers are changing, with most customers using between one gigabyte and two gigabytes of data per month. "That's why we didn't change the price of our popular 1GB plan ($85/month) and why we introduced a new 2GB plan for only $5 more," said spokesman Patricia Trott. Mr. Hoey said regulating prices would be tough to carry out.

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