Shaw, Quebecor join backlash against new CRTC wholesale-rate policy [Toronto Globe and Mail (Ontario, Canada)]
Shaw Communications Inc. (SJR)
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Source: Toronto Globe and Mail
Shaw, Quebecor join backlash against new CRTC wholesale-rate policy Shaw Communications Inc. and Quebecor Inc. have joined other large internet providers in a chorus of complaints over a new CRTC policy reducing the wholesale rates they can charge smaller competitors. By Wednesday, most of Canada’s large cable and telephone operators had issued statements criticizing a decision last week by the Canadian Radio-television and Telecommunications Commission, with the companies saying they are re-evaluating capital-spending programs and, in some cases, considering cutting investments to improve connectivity for rural residents. The CRTC requires large internet-service providers (ISPs) to sell access to their networks to smaller players, which then sell service to their own retail clients. Last week’s ruling lowered the prices competitors must pay to use the incumbents’ networks, and also ordered most of the large providers to make repayments to their smaller counterparts retroactive to 216
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