This translation has been automatically generated and has not been verified for accuracy.BCE Inc. and Canada’s biggest cable companies are heading to court to seek an appeal of last month’s CRTC ruling on wholesale internet rates.
Last month’s ruling set lower final rates for certain wholesale services and also ordered the large providers to make retroactive payments to the third-party operators to account for the higher prices charged since the CRTC set interim rates in 2016. Parties to a CRTC ruling have 30 days from the decision to seek leave to appeal in the Federal Court of Appeal. Friday was the last business day before that deadline.
They state that the CRTC engaged in “results-oriented” reasoning and methodologies and failed to take into account a policy direction from the federal government that requires the regulator to encourage companies to invest in their own networks. Also Friday, TekSavvy said it plans to offer 85 per cent of its customers either lower prices or upgrades on their internet plans and cited the CRTC ruling as its reason for doing so.
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:
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.
Major cable companies launch appeal to CRTC ruling on internet ratesGroup of five operators, including Rogers and Shaw, to challenge ruling on how large internet providers can charge smaller players for network access globebusiness the communication system in Canada is wholly owned and priced by 3 company's who have governed prices for a long time. and that is why service in Canada is one of the most expensive places on the planet to have a cell phone or internet. Shaw, or Rogers bought Look and closed it.
Source: globeandmail - 🏆 5. / 92 Read more »
Major cable companies launch appeal to CRTC ruling on internet ratesGroup of five operators, including Rogers and Shaw, to challenge ruling on how large internet providers can charge smaller players for network access globebusiness the communication system in Canada is wholly owned and priced by 3 company's who have governed prices for a long time. and that is why service in Canada is one of the most expensive places on the planet to have a cell phone or internet. Shaw, or Rogers bought Look and closed it.
Source: globeandmail - 🏆 5. / 92 Read more »
Canada's big cable companies ask court to overrule CRTC's wholesale ratesCanada's five largest cable companies have asked a federal court to hear their appeal of a dramatic reduction in the wholesale rates they are allowed to charge independent internet providers. Good old Canadian tradition of no competition, just squeeze every cent out of us. Ah who cares, with Netflix, Disney +, Apple TV plus and android boxes, no one needs to pay over priced cable rates Since having so much control over cable networks and rates is not good enough for Roger's Bell etc let's open things up to US providers. When you look at ads in the states for the various companies competing against each other you see how Canadians have been screwed for years
Source: CTVNews - 🏆 1. / 99 Read more »