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

Markets Brace for Turbulence and Recession Fears as Liberation Day Approaches

Investors are on edge as Liberation Day, set for April 2, nears. As the year's first quarter ends on a....

Tencent Invests €1.2B in Ubisoft Spin-Off to Expand Gaming Empire

Chinese tech giant Tencent has made a €1.2 billion ($1.25 billion) investment in a newly formed Ubisoft subsidiary, securing a....

Trump’s Auto Tariffs Hit Canada Hard: A Trade War Unfolds

The U.S. has imposed a 25% tariff on finished vehicles imported into the country, marking one of the most severe....

Quebec Budget 2025 -2026 Fights Trump Tariffs But Sinks Deeper Into Debt

Quebec's finance minister, Eric Girard, has unveiled a historic $165.8-billion budget, aiming to strengthen the province’s economy in response to....

Samsung TV Pioneer Han Jong-Hee Passed Away at 63

Samsung Electronics has lost one of its key leaders. Han Jong-Hee, the co-CEO who played a major role in shaping....

Trump Plans New Tariffs for Vehicles & Pharmaceuticals, Near Future

U.S. President Donald Trump has announced plans to impose tariffs on vehicles and pharmaceuticals, further expanding his aggressive trade policies.....

Key Business Events to Watch in Canada This Week

This week brings several major developments in the Canadian business world. From political campaigns to economic reports, here are the....

Hudson’s Bay Begins Liquidation, But Six Stores Are Spared

Hudson’s Bay, Canada’s oldest company, has received court approval to start liquidating most of its stores. The Ontario Superior Court....

U.S. Tariffs Could be an Uphill Battle for Canada’s Greenhouse Industry

A fresh wave of U.S. tariffs on Canadian imports has sent shockwaves through Canada’s greenhouse sector, which heavily depends on....

Google’s $32B Wiz Deal: A Game-Changer for Cloud Security

Google has announced its biggest-ever acquisition, agreeing to buy cybersecurity firm Wiz for $32 billion in cash. This massive deal....

PepsiCo To Acquire Poppi to Expand in Healthy Soda Market

PepsiCo announced on Monday that it will acquire the prebiotic soda brand Poppi for $1.95 billion. The move comes as....

Hudson’s Bay May Start Its Stores Liquidation As Early As Tuesday

Toronto – Hudson’s Bay, the retail giant, is battling for survival as it seeks court approval to begin liquidating its....