Independent telecom TekSavvy says the federal regulator must level the playing field for smaller providers when it comes to internet competition. The TekSavvy Solutions Inc. logo is seen in this undated handout photo. THE CANADIAN PRESS/HO, TekSavvy Solutions Inc.


February 17, 2024

TekSavvy, an independent telecom company based in Chatham, Ontario, emphasized the urgent need for the federal regulator to ensure fair competition in the internet market, especially as the landscape for small providers continues to diminish.

During its appearance before the Canadian Radio-television and Telecommunications Commission (CRTC) on Friday, TekSavvy stressed the importance of creating a national wholesale framework. This framework would enable providers to offer fibre internet services to customers by paying a fee to access networks built by their competitors.

For TekSavvy, this regulatory proceeding is deemed as the most crucial in its history, considering it has seen a significant decline in subscribers, losing over 100,000 since its peak. The company highlighted the challenging regulatory environment faced by wholesalers as a contributing factor to its subscriber loss.

Andy Kaplan-Myrth, TekSavvy's vice-president of regulatory and carrier affairs, clarified that while the company is not currently up for sale or facing closure, it has been relying on hope for far too long. He emphasized that sustained business operations cannot depend solely on hope indefinitely.

Last November, the CRTC announced temporary measures requiring Bell Canada and Telus Corp. to grant competitors access to their fibre-to-the-home networks in Ontario and Quebec starting from May. Vicky Eatrides, the chairwoman of the CRTC, acknowledged earlier in the week the diminishing competition among internet providers, with many independent providers being acquired by larger companies and those remaining having fewer subscribers compared to before.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

You may also like

China's Exports Surge 10.7% in December, Defying Tariff Fears

China's exports saw a stronger-than-expected surge in December, driven by factories racing to fulfill orders ahead of potential tariff hikes....

December Job Gains Surpass Expectations, Unemployment Drops to 6.7%

Canada's job market saw a strong performance in December, with an impressive addition of 91,000 jobs, according to Statistics Canada.....

Meta to End Diversity, Equity, and Inclusion Program, Memo Says

Meta Platforms has announced that it will be discontinuing its diversity, equity, and inclusion (DEI) programs, including those focused on....

Loblaw Accused of Overcharging Underweighted Meat

Loblaw has issued an apology after confirming that some meat products sold in its stores across Western Canada were underweighted,....

Disney Merges Hulu + Live TV With Fubo, Ends Venu Lawsuit

In a move set to reshape the streaming TV landscape, The Walt Disney Company has announced a merger between its....

Apple to Pay $95M to Settle Siri Eavesdropping Lawsuit

Apple has agreed to pay $95 million to settle a lawsuit that accused the company of using its virtual assistant,....

Toys 'R' Us Canada Closing 5 Ontario Stores, to Revamp & Expand HMV

Toys "R" Us Canada has announced the closure of five stores across Ontario and plans to revamp several others as....

Canada's Top 100 CEOs Raked in $13.2M on Average in 2023

In 2023, Canada's 100 highest-paid CEOs received an average of $13.2 million, including salaries, bonuses, and other forms of compensation,....

New Year Brings Home-Flipping Tax and Income Rebate to B.C.

VICTORIA — British Columbia is ringing in 2025 with new regulations, including a maximum 20% home-flipping tax, as part of....

Mortgage Rates End Year at 6.85%, Right Where They Began

Mortgage costs remained stubbornly high throughout 2024, with 30-year fixed rates consistently exceeding 6%. Unfortunately for hopeful homebuyers, 2025 doesn’t....

Boxing Day Shoppers Rush for Deals with GST Tax Break

On Boxing Day, many shoppers headed to malls across Canada, eager to grab post-holiday deals made even more attractive by....

American Airlines Grounds Flights, Disrupting Holiday Travel

American Airlines Grounds Flights NationwideOn a bustling Tuesday morning, American Airlines abruptly grounded all flights across the U.S. due to....