Telecom regulator announced interim rates Friday, with a final decision expected in early 2025
Canada ’s telecom regulator has set more interim rates at which telephone companies must grant rivals access to their fibre networks, though some providers have said the rates are still too high and will hinder competition., largely reaffirmed previous rates set for Ontario and Quebec , and introduced new rates outside of these provinces. It sets the prices that service providers will pay to access the fibre networks owned by Bell Canada owner BCE Inc.
“We had hoped for a decision that would reflect market realities and allow us to offer Freedom Mobile customers prices that would help lower their telecom bills,” Mr. Peladéau said. Bank of Nova Scotia analyst Maher Yaghi said that BCE and Telus had “dodged a big bullet” and that the CRTC’s decision seemed to encourage network investments.
According to BMO analyst Tim Casey, the average revenue per internet user in Canada is about $71. This means that in some places, Bell and Telus could lose money if providing access to an wholesale service provider. The CRTC first set interim fibre prices in Ontario and Quebec, where it said competition had seen the most significant decline, in November 2023. Friday’s figures for these two provinces are largely unchanged, at rates of $64-78 for Bell and $65-$76 for Telus.
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