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Stock impact report

Feds decline to intervene in CRTC ruling forcing national wireless carriers to sell access to regional competitors [Toronto Globe and Mail (Ontario, Canada)]

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
The federal cabinet has declined to overturn a ruling by Canada’s telecom regulator that forces the Big Three national wireless carriers and SaskTel to sell network access to eligible regional competitors. The request to review the Canadian Radio-television and Telecommunications Commission’s decision came from Data on Tap Inc., a small Toronto-based telecom branded as dotmobile, which wanted the regulator to open up the country’s wireless networks to competitors without their own infrastructure. However, Ottawa said Thursday that such a move would punish regional competitors that have already invested in cellphone towers and wireless licenses. Innovation, Science and Industry Minister François-Philippe Champagne said in a statement that cabinet “carefully considered the petition,” concluding that expanding network access to providers that don’t own spectrum and have not invested in building out wireless networks “would undermine the work of smaller regional providers that have alread Show less Read more
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