Shaw, Videotron join industry concern over CRTC’s new wholesale broadband rates [Toronto Globe and Mail (Ontario, Canada)]
Shaw Communications Inc. (SJR)
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Source: Toronto Globe and Mail
Shaw, Videotron join industry concern over CRTC’s new wholesale broadband rates Shaw Communications Inc. and Videotron have joined major Canadian telecom companies that have expressed concern over the CRTC’s decision to lower the prices that smaller internet providers have to pay them to use their networks. Calgary-based Shaw warned Wednesday of long-term negative consequences from the decision to dramatically reduce the federally regulated wholesale broadband prices. “In time, this decision will be seen as short-sighted, and have negative far-reaching consequences for consumers and for the future investment required to build network capacity in all parts of Canada,” said company CEO Brad Shaw in a statement. Story continues below advertisement Quebecor subsidiary Videotron also weighed in, expressing concern about the potential economic impacts from any delays in infrastructure investments. Last week, the CRTC issued final rates that smaller providers like TekSavvy and Distributel ha
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