CRTC's
new chair, Konrad von Finckenstein stated today that the key questions
will not be whether deregulation will continue but rather how fast and
to what degree. Mr. von Finckenstein stated “make no mistake – less
regulation in telecom has been and will continue to be the commission's
prime objective”.
There now seems to be alignment between the CRTC and
Industry Minister Maxime Bernier. I believe that the Canadian consumer
will ultimately benefit from a less regulated environment. Taking the
handcuffs off the Incumbents will result in more innovation,
competitiveness and more choices.
Five years ago, I would have
said that we needed to give VoIP competitor's a chance to get
established, but today I believe that consumer based VoIP service is
priced artificially high and that competition is required to spark new
and innovative features. Let the competition begin!
Rick McCharles
www.ric.ca
Results tagged “crtc” from IP Communications and Technology
With the conditions that the Ontario Teachers Pension Plan appoints six of the 13 directors and that the chairman and CEO are Canadian, the CRTC has approved the takeover of BCE.
"I have to make sure that both in law and effect, the company will be controlled by Canadians," von Finckenstein said in an interview. "I think with the provisions as we conditioned them, it will be."
With the ruling, it appears that all legal and regulatory hurdles have been cleared. However, the dynamic and deteriorating conditions in the financial markets and the associated credit crunch has cast some doubt as to whether all of the financial participants will follow through with their commitments.
Stumble It!
"I have to make sure that both in law and effect, the company will be controlled by Canadians," von Finckenstein said in an interview. "I think with the provisions as we conditioned them, it will be."
With the ruling, it appears that all legal and regulatory hurdles have been cleared. However, the dynamic and deteriorating conditions in the financial markets and the associated credit crunch has cast some doubt as to whether all of the financial participants will follow through with their commitments.
Stumble It!
