09:53:35 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,289,005
Close 2023-07-07 C$ 59.54
Market Cap C$ 54,317,687,358
Recent Sedar Documents

Globe/CP say BCE, others told pricing system to stay

2023-07-10 06:27 ET - In the News

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

The Globe and Mail reports in its Saturday edition that the CRTC is sticking with the way it sets prices for Canada's large carriers that provide smaller competitors with access to the Internet. A Canadian Press dispatch to The Globe says the CRTC's review of its process for wholesale rates found the best method of promoting competition is the current approach in which it sets rates for wholesalers such as TekSavvy based on the service and infrastructure costs to the major players, plus a mark-up. Most of Canada's larger carriers argued for reforms, saying the traditional rate-setting method has led to competitors paying them less than break-even cost. They instead wanted to bring in commercial negotiations as the method for setting the majority of wholesale service rates, saying that model would provide greater opportunity to meet competitor-specific needs while minimizing unnecessary regulation. The CRTC says it will improve its current approach with adjustments such as considering market rates and other relevant information.

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