Cogeco said it plans to use the acquired business as a second brand, a common strategy in Canada’s telecom market, where the dominant players often operate multiple discount “flanker” brands.
Tuesday’s news follows a string of other sales of independent internet service providers to large telecom companies, including Distributel and EBox to Bell, VMedia to Quebecor and Start.ca and Altima to Telus.the Canadian Radio-television and Telecommunications Commission have both recently indicated plans to support smaller competitors“Now it is undeniable that the industry is in crisis,” said Andy Kaplan-Myrth, vice-president of regulatory affairs at of Chatham, Ont.-based.
But the small players say their business model has been severely hampered by recent CRTC policies, including the reversal of a decision that set lower wholesale rates and their inability to get access to fibre-to-the-home internet service, which is fast and in demand by customers.
These smal providers offer little in terms of differentiation or innovation, they're just riding on top of the larger player networks.
OXIO claimed to have their own networks, and own last mile service. it was all a lie. everything flows through bell/rogers/cogeco in ontario. When you lie to canadians, you lose your business. thats how it works.
good. Oxio was telling lies to customers. The good people of Cogeco Connexions saved their company.
Make abuse of dominance actionable in Canada. This is the only way forward. Federal government must overhaul the competition act and other legislation.
Reduced infrastructure And lower living rate Monopoly extraction From range facilitates
Canadians pay one of the highest cell and internet rates in the world. This is something Canadians actually care about. It’s 2023, cell and internet are essential services, try living without them. This is something virtue signalling Trudeau needs to fix now!
I wonder how many of these small ISPs are actually hoping to get bought out by their competitors? The owners would make a ton of cash and never have to work again. Darned capitalists!!
Starlink is the future. It's the largest wireless network on the planet. Canadians can expect the government branch of CRTC industry execs to red-tape them out of the Canadian market.
Poll: Force oligarchs to leave Canada? CDNmedia ONpoli TOpoli
The name of this nation should be Monopoly Not Canada.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CTVToronto - 🏆 9. / 84 Read more »