Bell announces cuts to fibre investment plan after CRTC last mile decision

TekSavvy says it is currently not for sale By Ahmad Hathout Bell announced Monday evening that it is cutting its fibre investments by over $1 billion in 2024-25 after the CRTC said it must negotiate access with competitors on that network. The telco said that plan will also include a minimum cut of $500 to $600 million in 2024. “Bell's fibre network is now available to over seven million homes and businesses,” Bell said in a press release. “Prior to the CRTC's decision, Bell's near-term plan was to build high-speed fibre to nine million locations by the end of 2025....