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Stock impact report

CRTC sets interim rates for wholesale fibre internet access [Financial Post (Toronto, Ontario, Canada)]

Telus Corporation Ordinary Shares (TU) 
Last telus corporation ordinary shares earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: telus.com/en/about/investor-relations
Company Research Source: Financial Post
GATINEAU, Que. — The CRTC has set interim rates for what smaller internet providers will have to pay to use the established fibre networks of their larger rivals. The pricing comes as the national telecoms regulator works to expand nationally a mandate already in two provinces requiring the big telecom companies to share their fibre networks. “Today's decision will provide Canadians with new options for Internet, television, home phone and smart home services,” said Vicky Eatrides, CEO of the CRTC in a statement. “We are already seeing competitors using fibre access to bring new offers in Ontario and Quebec, and we look forward to this broader access benefiting even more Canadians.” The CRTC says the interim rates are based on an analysis of detailed costing information filed by the large telephone companies that own fibre internet networks, such as Bell Canada, Telus Corp. and SaskTel, and are meant to reflect the costs those companies incurred to build them. Smaller pro Show less Read more
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