The chief executives of Canada's three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, noting that increased data usage and high spectrum costs may be some reasons Canadians
The chief executives of Canada's three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, noting that increased data usage and high spectrum costs may be some reasons Canadians feel otherwise.
Staffieri was pressed on the matter Monday, with Liberal MP Francesco Sorbara suggesting the move was"tone deaf."Staffieri replied that the price hike only affected customers on legacy plans."With two clicks, they could get onto a plan that was in market and give them the best value for money for their circumstance."
But the CEOs cited recent Statistics Canada data showing wireless prices have declined 16 per cent in the past year and 47 per cent over the past five years. The three chief executives also each told the committee that the cost they pay in Canada for wireless spectrum — the electromagnetic frequencies that enable smartphone communications — are among the highest in the world and make it more expensive to operate.
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