CRTC Moves Forward with Plans to Axe Telephone Subsidies to Fund Broadband

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Canada’s telecom regulator is starting to devise exactly how it will shift subsidies for telephone services to broadband after declaring Internet access a basic service late last year.

The Canadian Radio-television and Telecommunications Commission launched this week the first proceeding to plan how to phase out the phone subsidies provided to operators that serve residents in hard-to-reach areas.

The money will instead go into a $750-million fund for broadband in rural and remote areas over the next five years, announced in December to much fanfare though the CRTC has yet to unveil a plan to dole the cash out to high-speed hungry towns.

Read full article here.

Emily Jackson – Financial Post-April 7, 2017

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