Canada's largest independent telecom service provider, expressed reservations regarding the recent decision by the Canadian Radio-television and Telecommunications Commission (CRTC). The ruling mandates Bell and Telus to provide wholesale access to their fiber networks in Ontario and Quebec to smaller competitors like TekSavvy within the next six months.
While TekSavvy acknowledges the potential for increased competition and consumer choice in
fiber internet services, the company raised significant concerns about the CRTC's decision. At the heart of the matter are the wholesale rates set by the CRTC, which TekSavvy argues are higher than the retail prices charged by Bell and Telus to their own customers. This discrepancy in wholesale rates could impede effective competition, hindering consumers from experiencing any meaningful relief in telecom service prices.
Additionally, TekSavvy criticized the regional restrictions imposed by the CRTC, limiting the interim decision to Ontario and Quebec. According to the company, there is no apparent justification for denying consumers in other regions of the country the benefits of increased competition, particularly in Telus' Western provinces territory and Bell's territories in Manitoba and Atlantic Canada.
Andy Kaplan-Myrth, TekSavvy's Vice President of Regulatory and Carrier Affairs, emphasized the challenges posed by the CRTC's wholesale rates, stating, "The large telcos are already selling fiber internet below the CRTC's new wholesale rates. As a result, those rates make competition virtually impossible."
Peter Nowak, Vice President of Insight and Engagement at TekSavvy, emphasized the need for swift action from the CRTC to rectify the rates and expand the interim ruling to include all regions. He stated, "Consumers in other regions are no less deserving of price relief and competitive choices than consumers in Ontario and Quebec."
TekSavvy confirmed its commitment to remaining an independent telecom service provider and expressed optimism about collaborating with the CRTC to improve the interim decision and rates, ultimately delivering price relief to Canadians in 2024.
About TekSavvy:Headquartered in Chatham, Ontario, TekSavvy has been a prominent force in Canada's telecom industry for over two decades, championing consumer rights and offering award-winning services. The company remains steadfast in its commitment to providing quality competitive choices and narrowing Canada's digital divide.