Internet startup VMedia asks cabinet to uphold CRTC ruling to lower wholesale internet rates [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Internet startup VMedia asks cabinet to uphold CRTC ruling to lower wholesale internet rates Toronto-based television and Internet startup VMedia Inc. is asking the federal cabinet to uphold a CRTC ruling that forces Canada’s large telephone and cable companies to lower the rates they charge smaller internet providers for access to their networks. In an effort to encourage competition, the Canadian Radio-television and Telecommunicatons Commission requires large telecom providers to sell wholesale access to independent internet service providers (ISPs) such as Distributel and TekSavvy, which then sell services to their own customers. Last August, the CRTC lowered the rates that the larger players are allowed to charge third-party operators for access to their networks. The commission also ordered the telephone and cable companies to make retroactive payments to compensate for the higher prices that had been charged since interim rates were set in 2016. BCE Inc., Telus Corp., and a gro
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