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In order to win the victory of Canada’s large Internet and telephone companies, the Canadian telecommunications regulator overturned the decision to reduce wholesale Internet rates in 2019.
CRTC said it made a mistake when it ordered large telephone and cable companies to significantly reduce wholesale Internet prices in 2019.
The European Commission stated that most of the temporary wholesale prices set in 2016 are still valid, with the exception of the markup charged by the telephone company
The ruling was made after years of regulatory filing and political lobbying by Canadian Internet companies. Canadian Internet companies divided the wholesale capacity between buyers and sellers.
TekSavvy, Distributel and other independent Internet providers said they have been overcharged for years-this position is supported by CRTC’s decision in 2019.
Bell, Rogers and other regional telephone and cable companies defended the rates charged since 2016 and said that CRTC’s 2019 rates would make them sell at a loss.
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