Filings on behalf of the Rogers, Shaw, Vidotron, Cogeco and Eastlink cable systems say the CRTC made "numerous errors of law and jurisdiction" in making a rate decision in favour of their competitors.
Among other things, the Canadian Radio-television and Telecommunications Commission ruled in August that wholesale rates that had been in place on an interim basis had to come down by as much as 72 per cent. The cable companies have asked the Federal Court of Appeal to suspend the regulator's order while they mount an appeal on an expedited basis.
The CRTC's Aug. 15 decision had already been criticized publicly by the cable companies as well as Bell Canada, the country's largest phone company. A spokesman for the Canadian Network Operators Consortium, which fought for years to get lower wholesale rates, said in a phone interview that the court action was disappointing but not surprising and the group will respond as necessary.
Capitalism at its worst!
Yea Big Cable is on it's death bed, Bell and Rogers are doomed!
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
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
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »