CRTC's wholesale internet rate decision could impact Bell's fibre internet build plans
CRTC's wholesale internet rate decision could impact Bell's fibre internet build plans
Bell has added thousands of customers to its fibre internet service through network expansion projects, but Bell's CEO argues the figure could've been higher if not for "regulatory uncertainty."
CEO Mirko Bibic said the decision could lead Bell to slow down its expansion plans in 2024
Keep repeating that Canada has one of the highest rates for communications for consumers in the world
Australia is comparable to us ... relatively small population with a large land mass ... and they have better and cheaper communications than us. If you want to argue that it's the landscape and environment ... the nordic countries are in the Arctic circle and they provide better and cheaper data services for their customers.
The biggest issue we have here is monopolies and when you give these companies full control ... they will never want to change the status quo and they will never do anything to help people or give better rates ... they will always balance how much to take from people by how much those people are willing to be fleeced ... so far we have been very compliant, which is why everything persists.
It's one thing to say you've been robbed ... it's another thing to just sit there and continue to be robbed.
Oligopoly, not monopoly
You could argue they're monopolies given there's only one cable provider and one phone provider to an area. Maybe you could argue that's a duopoly as both provide comparable services overall.
However, for many Canadian's it's actually a monopoly. Many areas do not have cable services at all. In a lot of areas, the companies have chosen not to compete so effectively residents only have one choice for high speed internet. Even in highly built up areas, like Toronto, many new high-rises are being built with only one connection, so again, residents don't have a choice.
Nah, Monopoly. Telus owns all of the lines the government money built out west, Bell owns it all out east. They trade for access without charging each other what they charge everyone else.
Australia is comparable to us ... relatively small population with a large land mass ... and they have better and cheaper communications than us.
Dude, when I visited AFRICA, they had better and cheaper communication (mobile) than us. 😭
Privately controlled monopolies.
When the ISPs were crown corporations, we had the cheapest and highest quality internet on the planet at the time in the 1990s.
Australia is comparable to us ... and they have better and cheaper
That's the opposite of what the Aussies I know have told me.
They regularly complain about high prices and crap service.
Oligarchy, not monopoly.
Or it could be both together as the Nordic countries are very small compared to Canada.
Time to split Bell into 4 companies.
It's past time.
When Bell bought CTV I knew it wasn't going to be good for Canadians.
When Bell operates anything it's not good for Canadians. They are one of the greediest and least competent service providers out there.
The "last mile" should have been owned by a public utility.
These games would not exist
It’s worth noting that Bibic has a history of threatening to pull investments whenever the government does something he doesn’t like. Earlier this year, Bibic suggested there would be “unintended consequences” if the government and CRTC pushed more regulations on the big telecom companies, and Bell joined other telcos in threatening investments over a wholesale ruling in 2019.
snort
They would likely be forced to build more infrastructure to support the increased demand. Boo hoo spending on infrastructure instead of c-level pockets.
Screw Bell. Nationalize telecoms.