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or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 899,470,454
Close 2017-06-13 C$ 59.45
Market Cap C$ 53,473,518,490
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Globe says BCE, others hear Blais's wireless complaints

2017-06-14 07:25 ET - In the News

Also In the News (C-QBR) Quebecor Inc
Also In the News (C-RCI) Rogers Communications Inc
Also In the News (C-SJR) Shaw Communications Inc
Also In the News (C-T) Telus Corp (2)

The Globe and Mail reports in its Wednesday edition that days before the end of his term, CRTC chairman Jean-Pierre Blais is warning that his successor may need to intervene directly in the wireless market to deliver more competition and lower prices for consumers. The Globe's Christine Dobby writes that Mr. Blais, whose final day at the helm of the Canadian Radio-television and Telecommunications Commission is Saturday, said in a speech on Tuesday that Canada lacks the competition that puts "downward pressure on retail rates" seen in the U.S. industry. "Unless things change, the CRTC will need to act to increase wireless competition, which will in turn deliver lower wireless retail rates, raise data caps and spur further innovation," he said, according to prepared remarks. Mr. Blais, who has made consumers the focus of the commission's work during his five-year term, said one option is for the CRTC to directly regulate retail rates, "although we would much rather see increased competition between providers create better choices for customers." So far, he added, "I haven't seen that vigorous, dynamic marketplace that one would hope to develop in Canada." Mr. Blais's replacement has not been named.

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