10:56:14 EDT Mon 20 May 2024
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Globe says Quebecor gets boost from CRTC on cell rates

2023-07-26 07:56 ET - In the News

Also In the News (C-RCI) Rogers Communications Inc

The Globe and Mail reports in its Wednesday edition that the CRTC has sided with Quebecor in a rate-setting decision over the prices it will pay to access Rogers's network, determining that the regional player's offer will foster affordability and lower prices for retail mobile wireless services. The Globe's Irene Galea writes that the ruling could set a precedent for other regional players hoping to strike deals with major carriers with the help of the telco regulator. Notably, the CRTC said in its decision that "just and reasonable" rates could include those that do not result in an immediate return for the incumbent providers -- Rogers, Bell Canada, Telus and SaskTel -- or could even result in a temporary loss in one line of business while other lines remain profitable. This particular CRTC decision sets the data rates that Quebecor will pay to Rogers when offering services using Rogers's wireless network across Canada. The regulator's decision is being described by analysts as "directionally positive" for Quebecor, as it eyes national expansion. In a release Monday night, CRTC chair Vicky Eatrides said the decision was in line with the regulator's policy of increasing cellphone competition in Canada.

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