Canada Upholds Internet Decision in Blow to Rogers and BCE

(Bloomberg) – Canada chose not to overthrow the decision of an organizer who forced the largest telecom companies to rent large band networks to competitors. and Rogers Communications Inc.

Industry Minister Melanie Joly announced its decision in a social media mission late on Wednesday. “This will immediately allow more competition in existing networks for high -speed internet services throughout the country,” he said.

The country’s telecom regulator was previously BCE, Telus Corp. and Saskatchewan telecommunications corp.

Cable companies should also allow competing companies to use to “provide consumers at the highest speed available”.

The government had the power to break this decision. BCE, ROGERS and COGECO INC. The others, including others, were very difficult for Joly to do so. They argued that if other companies are allowed to ride behind their competitors, they should reduce billions of dollars investment in large band networks.

In an interview, the Chairman of the Executive Officer Mirko Bibic said that the company is now focused on understanding the government that the government is “built at significant costs and that the builders of the network builders are completely compensated for these construction costs and this investment risk”.

“The Carney government has declared that its priority is to build a strong wing and that this decision has made the opposite. He said.

Cogco said that the decision of the Minister Joly in a newsletter was “horrified” and plans to continue to challenge the policy regime in court.

On the other side of the discussion, there is also Vancouver -based telus standing to win in general. The new policy will allow the company to offer competitive wide band packages in Ontario and Quebec, two provinces with a minimum market share of the company with approximately 60% of the Canadian population, but with a minimum market share. This newly addressable market offsets the increasing competition it probably encountered in the state of less populated British Columbia.

With the help of Stephanie Hughes.

(Update with the statements of BCE and CogECo in the sixth and eighth paragraphs.)

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