The Globe and Mail reports in its Friday, Oct. 7, edition that the Canadian Radio-television
and Telecommunications Commission is taking step to bolster
competition in the market for
home Internet services by slashing
the rates large providers can
charge for access to their networks,
criticizing the companies
for proposing prices that were
unfairly high.
The Globe's Christine Dobby writes that to encourage competition at
the retail level, Canada's incumbent
cable and telephone companies
are required to sell
wholesale access to their broadband
networks to smaller competitors
that then sell end
customers high-speed Internet
service as well as home phone
and television service in some
cases.
The CRTC
sets the rates the incumbents
can charge for that access
based on evidence the companies
provide about what it costs
them to operate their networks.
The CRTC, however, said Thursday
that cost estimates the companies
provided in a recent
proceeding to establish updated
rates were too high and said it
would temporarily set lower
rates. Seven large companies, including Bell, Telus, Rogers Communications and Cogeco,
submitted rates the commission
said were too high.
© 2024 Canjex Publishing Ltd. All rights reserved.