CRTC lowers wholesale broadband rates to boost competition among providers

CRTC announcement was welcomed by the Canadian Network Operators Consortium

Canada’s telecoms regulator says it has lowered the rates for wholesale broadband access as it looks to increase competition among internet providers.

The lower rates announced by the CRTC Thursday means it will be cheaper for smaller internet providers to buy broadband capacity on the networks owned by the big telecom providers.

The CRTC requires that the large cable and telephone companies make available parts of their network, at rates set by the regulator, to improve competition and lower prices.

In 2016, the CRTC set interim wholesale rates after it decided the rates proposed by the telecom companies were not “just and reasonable.”

It says the final rates are 15 to 43 per cent lower than the interim rates for monthly capacity, and three to 77 per cent lower for access rates.

ALSO READ: CRTC to bring in ‘code of conduct’ for internet providers

“As the demand for faster broadband speeds grows, we are putting measures in place to ensure Canada’s internet market remains dynamic,” said CRTC chair and CEO Ian Scott in a statement.

Major telecom companies have warned that their investments in expanding infrastructure could be impacted if wholesale rates are set too low.

The CRTC announcement was welcomed by the Canadian Network Operators Consortium, which represents smaller internet providers.

“This is just a great decision for broadband consumers in Canada, because it opens the door to lower prices, higher speeds, and the great innovative services that members of CNOC and companies like us perform,” said Matt Stein, chairman of the CNOC and CEO of Distributel.

Byron Holland, president and CEO of the Canadian Internet Registration Authority, said in a statement that he welcomed the decision, and encouraged the regulator not to delay in also setting wholesale rates for faster fibre-based home internet access.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

PHOTO: Car Club presents donation to the Stettler Hospice Foundation

The $1,000 donation came from the Drag Race event this past July

This November, Alberta RCMP reminds road users to buckle up for every ride

As Albertans welcome winter, the RCMP reminds all drivers and passengers that traffic safety starts with buckling up

Joe Lang celebrated his 105th birthday with a family gathering on Nov. 10th at Paragon Place

Joseph Lang was born in Saskatchewan on Nov. 12th, 1914, the fourth oldest in a family of 10

Stettler’s Heartland Youth Centre launches fundraising raffle for brand new vehicle

A sleek and shiny 2020 GMC Terrain is the featured prize

Cold, stormy winter forecast across much of Canada, The Weather Network predicts

In British Columbia temperatures will be slightly above normal and precipitation will be just below normal

Canadian universities encourage exchange students in Hong Kong to head home

UBC said 11 of its 32 students completing programs in Hong Kong have already left

15 charged following protests at two Alberta kennels that provide sled dog tours

RCMP say they were called to the Mad Dogs and Englishmen kennels east of Canmore

Protesters say Alberta bill would make it harder to access some medical services

The bill would mean a health-care provider could not be sanctioned for refusing to provide a service due to morals

MacLean says “Coach’s Corner is no more” following Cherry’s dismissal from Hockey Night

Cherry had singled out new immigrants in for not honouring Canada’s veterans and fallen soldiers

Rebels ride 3-goal first period to 4-3 win over Brandon

Goaltender Byron Fancy with key saves in third period to save game

Supreme Court of Canada dismisses murder appeals in 2013 Calgary swarming death

Assmar Shlah and Franz Cabrera were convicted in 2016 of second-degree murder

One year on, most oil-and-gas bailout money has moved, federal government says

Sweden’s central bank says it has sold its Alberta-government issued bonds

Most Read