Canadian Telecom Regulator Clamps Down on Big Three Carriers

 Last Thursday, the Canadian Radio-television and Telecommunications Commission (CRTC) issued new rules to decrease wireless costs, accelerate competition, and provide more affordable options for residents. The telecommunications regulator is focusing on the country’s three dominant carriers — Rogers Communications, Inc., BCE Inc., and Telus Corp. — to resell access to their networks. Bloomberg reported the move would allow smaller players like Quebecor Inc. and Cogeco Communications Inc. to compete on wireless plans. 

Prime Minister Justin Trudeau’s government has also been putting direct pressure on wireless providers, according to Bloomberg. It’s targeting a 25 percent reduction in the cost of services by 2022, and using the threat of further regulation to move the needle. Continue Reading