OTTAWA — August 16, 2019: Canadian Network Operators Consortium (CNOC) commends the CRTC decision to reduce wholesale high-speed Internet rates – a move that will result in increased competition, more product and service choice and better value for Canadian consumers.
“The CRTC ruling is a huge win for CNOC, its members and most importantly, for Canadian consumers,” said Jeff Brownlee, CNOC Executive Director. “As Canadians are demanding faster download speeds and unlimited bandwidth at lower costs, the CRTC is setting the stage for the industry to offer new and innovative services at fair prices.”
The CRTC regulates the market to protect consumers and promote the public interest. CNOC has been advocating for realistic wholesale rates on behalf of 1 million subscribers Canada’s independent Internet service providers represent. The decision underscores that correcting and lowering wholesale broadband rates are key to allow competition to flourish and benefit consumers.
“CNOC members provide vital competition in the high-speed Internet market and have long advocated that fairer wholesale pricing will benefit the market and consumers,” said Matt Stein, CNOC Chair and CEO of DIstributel. “We thank the CRTC for its leadership.”
New lower pricing will promote competition, choice, and better value in high-speed Internet.