CRTC allows smaller internet companies to sell service over telecoms’ fibre networks

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The move is meant to stabilize the market in areas where it will make a significant impact on choice and affordability for consumers, says CRTC

Vicky Eatrides, Chairperson and CEO of the Canadian Radio-television and Telecommunications Commission waits to appear before the Standing Committee on Public Accounts on Parliament Hill in Ottawa, on Oct. 5.Canada’s national telecommunications regulator says it will allow independent competitors to sell internet services over the large telephone companies’ fibre networks in Ontario and Quebec.

In March, the CRTC announced it would lower some wholesale internet rates by 10 per cent as it launched its review into the rates that smaller competitors pay the major telecom companies for access to their networks. It included an expedited probe of whether big carriers should provide smaller competitors with access to their fibre-to-the-home networks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada’s productivity lag could be helped by getting AI in to small businessDespite all the buzz around AI in the past year or so, most Canadian businesses are in no hurry to jump on board
Source: globeandmail - 🏆 5. / 92 Read more »

It might be time to go 'bargain hunting' for small caps stocks, strategist saysHistorically, small cap stocks have performed well around times when unemployment is on the rise.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

It might be time to go 'bargain hunting' for small cap stocks, strategist saysHistorically, small cap stocks have performed well in times when unemployment is on the rise.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Inflation is the top challenge for small business: Chase for Business CEOSticky inflation is the biggest challenge facing small business owners as higher prices pressure profit margins.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »