Rogers CEO Defends Company Against Price Increase Claims

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 59 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 92%

Business News

Rogers,Tony Staffieri,Price Increase

Rogers CEO Tony Staffieri testifies before the federal committee on industry and technology, defending certain contracts that raised in price while locking customers in. He emphasizes the company's transparency regarding potential price increases and contract terms.

Rogers CEO Tony Staffieri testifies Dec. 2 before the federal committee on industry and technology to defend certain contracts that raised in price while locking customers in.for answers about a price increase to one of its products, expressing concerns about transparency in the company’s contracts.

The committee was called to discuss the issue after Rogers customers criticized the company for increasing the monthly fee of renting every television box in a household but one by $7. CBC’s Go Public reported in October that customers said they felt misled by the price increase. The possibility of the price increase was included in the fine print of the contract.

After first being called to appear before the committee in October, Mr. Staffieri delayed his appearance and was set to appear last Thursday, but instead, the company’s president of residential operations, Bret Leech, appeared before the committee. Rogers said Mr. Staffieri had an unforeseen scheduling conflict.

In an Oct. 30 letter sent to telecom providers, Scott Hutton, the CRTC’s vice-president of consumer, analytics and strategy, said the prices that set out in a contract, such as equipment charges, should be clear to customers. “Why are you selling that critical telecommunications infrastructure, other than the fact that you ran up too much debt in your other businesses?” Mr. Perkins said. “Frankly, I can’t see that it is actually within the laws of Canada.”

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 US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

TC Energy CEO sees opportunity in Donald Trump win as company focuses on natural gasFrançois Poirier said the former U.S. president's re-election has been 'top of mind' for the company, which has a network of natural gas pipelines in Canada, the U.S. and Mexico.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

TC Energy CEO sees opportunity in Trump win as company refocuses on natural gasDonald Trump's return to the White House is good news for Canada's energy sector and an opportunity for TC Energy Corp., the CEO of the Calgary-based pipeline company said Tuesday.
Source: CTVCalgary - 🏆 26. / 68 Read more »

Toronto crypto company CEO kidnapped, held for $1M ransom before being releasedToronto Downtown. Photo ID: 533749429
Source: CBCToronto - 🏆 51. / 61 Read more »