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

Liam’s lowdown: Fall eats

If you hangout with people that do not cook, find new friends

Glimpses of Revelstoke’s past for Sept. 19

Jack Snoddy Museum Assistant 120 Years Ago, Revelstoke Herald, September 20, 1899… Continue reading

VIDEO: Historic railway equipment moved to Revelstoke museum

The Selkirk Spreader was built specifically for Revelstoke in 1931 and retired in 2005

Columbia-Shuswap governments promised voice in caribou recovery

Population of Frisby-Boulder herd northeast of Sicamous at 11 animals and declining

VIDEO: Grizzly bears fight along northern B.C. highway in rare footage

Cari McGillivray posted the head-turning video, shot near Stewart, B.C., to social media

Handgun crackdown, health spending and transit plans latest campaign promises

Friday was the end of a busy week on the campaign trail

B.C. woman photographs massive ant swarm on Abbotsford driveway

She asked what the ants were doing? The answer: war

Police arrest B.C. phone scammer linked to illegal call centres in India

Person arrested in Burnaby here on a work visa, says police

Air Canada forced girl, 12, to remove hijab: civil rights group

The San Francisco Bay Area office of the Council on American-Islamic Relations calling for change

Man from Winnipeg who was hiking alone found dead in Banff National Park

RCMP say the man was hiking alone on Mount Temple Thursday

Epic overtime battle, big turnout for memorial night to late owner of Okanagan hockey team

The KIJHL’s Kelowna Chiefs hounoured Grant Sheridan with a win in the team’s home-opener

Takaya, B.C.’s intriguing lone wolf, seen eating seal and howling away on Discovery Island

Fun facts about Takaya the wolf, like his a 36-hour tour around Chatham, Discovery Islands

Resident finds loaded shotgun inside a duffle bag in Kelowna alleyway

RCMP seized a loaded 12-gauge shotgun, ammunition, clothing and other items

Most Read