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BCE Inc (2)
Symbol BCE
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Close 2014-03-21 C$ 47.89
Market Cap C$ 37,205,160,573
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FP says CBC backtracks on Big 3 after hinting collusion

2014-03-24 07:40 ET - In the News

See In the News (C-T) Telus Corp (2)

The Financial Post reports in its Saturday edition the CBC unleashed what might be an unprecedented series of on-air corrections last week across numerous television and radio programs, including the CBC's nightly news show the National. The Post's Christine Dobby writes the maligned subject of its regrets was the Big Three wireless companies. The CBC reported the trio had all hiked their base prices for new smart phone plans in most parts of the country by the same amount over the weekend and now charged identical rates for those contracts. Telus, BCE and Rogers Communications all charge $80 per month for the plan CBC referenced, which includes 500 megabytes of data and unlimited talk and text. However, Telus increased its rates two months earlier in January and dropped them slightly last week. Rogers raised its prices last Thursday and BCE made its changes on Saturday. On several of its programs the CBC also asked whether some viewers felt the carriers' price changes were an example of collusion, an inference it later said it did not mean to imply as fact. Complaining about the cellphone companies is a popular pastime in Canada and the broadcaster likely knew the story would touch a nerve with users.

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