Results tagged “regulatory” from IP Communications and Technology

Canada will ease restrictions on telecom foreign ownership

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In yesterday's pre-budget Throne Speech, the government announced that it will allow greater foreign investment into Canada's regulated telecom sector.

The Harper Government had already signaled its intentions when it allowed Globalive to launch its WIND wireless service despite the fact that most of the investment behind the product came from an Israeli company.

The move will likely increase competition and may result in mergers and acquisitions. Perhaps we'll even see another attempt to merge Telus and Bell.

Personally, I think its positive new for the industry and Canadian consumers.
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Telecom Deregulation is Main Objective

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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
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