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

WestShore Town Centre adds sensory-sensitive approach to photos with Santa

Limited reservations available on Dec. 15 and 22 from 10 to 11 a.m.

B.C. mom, kids on bike turned away from Tim Hortons drive-thru

Car-free for years, Charity Millar ‘felt gross’ being denied service

Saanich mom on a bike turned away in Tim Hortons drive-thru

Car-free for years, Charity Millar ‘felt gross’ being denied service

West Shore RCMP spend four hours searching for roving hikers

RCMP say stay put once you’ve called for help and listen to instructions

Body found in Central Saanich waste recycling facility deemed non-suspicious

Coroners Service investigating circumstances of death

POLL: Do you plan on making any purchases on Black Friday?

We’ve all seen the images. Shoppers rioting outside of a store in… Continue reading

B.C. to advocate for frustrated, confused, unhappy cellphone users, says premier

Maple Ridge New Democrat Bob D’Eith to advocate for more affordable and transparent cellphone options

B.C. man who killed Belgian tourist near Boston Bar gets life in prison, no parole until 2042

Sean McKenzie pleaded guilty to second-degree murder of 28-year-old Amelie Christelle Sakkalis

‘Very disrespectful’: B.C. first responder irked by motorists recording collisions on cellphones

Central Cariboo Search and Rescue deputy chief challenges motorists to break the habit

Daily cannabis linked to reduction in opioid use: B.C. researchers

Researchers looked at a group of 1,152 people in Vancouver who reported substance use and chronic pain

Port Alberni rallies for mill workers

Fundraisers helping ease the sting of five months without work

Island student lobbies school board for dress code consistency

Jaylene Kuo contacted school trustees after seeing dress guidelines at brother’s school

Most Read