06:48:19 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,274,545
Close 2024-02-05 C$ 52.82
Market Cap C$ 48,186,341,467
Recent Sedar Documents

Globe says BCE appeals to cabinet over CRTC decision

2024-02-06 06:48 ET - In the News

The Globe and Mail reports in its Tuesday edition that BCE is asking the federal cabinet to overturn a recent CRTC decision that requires the Montreal telco to provide independent competitors with access to its fibre network in Ontario and Quebec at regulated rates. The Globe's Alexandra Posadzki writes that in its petition, BCE argued that the interim CRTC decision, which also applies to Telus, will discourage network investment and harm consumers and businesses. On Nov. 6 of last year, the CRTC ordered BCE and Telus -- both legacy telephone companies with fibre-to-the-home infrastructure -- to provide competitors in Ontario and Quebec with cheaper access to their networks on a temporary and expedited basis. The interim decision was issued during a broader review of the wholesale regime for high-speed Internet access. The CRTC is holding a public hearing next week as part of that proceeding. The regulator said at the time that it was "acting quickly" amid a significant decline in competition in the Internet market in Ontario and Quebec. The regulator found that the number of subscribers served by independent wholesale-based competitors in those two provinces dropped by 47 per cent between the end of 2018 and 2022.

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