Industry Backlash: Telecom CEO Criticizes Government’s Stance on CRTC’s Wholesale Internet Rules

OTTAWA — The telecommunications industry is abuzz with controversy following the recent decision by Canada’s industry minister to uphold the Canadian Radio-television and Telecommunications Commission’s (CRTC) wholesale internet rules. This move allows the country’s major telecom companies to resell fibre optics to Internet service providers, including smaller players. The decision has sparked outrage among industry leaders, with a prominent telecom CEO condemning it as a “dangerous decision.” The CEO expressed concerns over the implications of this move on the telecom landscape and the broader industry dynamics. This development marks a significant shift in the telecommunications sector, with stakeholders closely monitoring the repercussions of the decision. The industry’s response underscores the complex interplay between government regulations, industry practices, and market competition in the rapidly evolving digital landscape. As the debate rages on, it remains to be seen how the government’s decision will shape the future of internet services in Canada and the competitive dynamics within the telecom sector. The industry’s reaction highlights the challenges and tensions inherent in balancing regulatory oversight with market forces in a highly competitive industry.