OTTAWA – The CRTC today announced a public proceeding which will establish the new price cap regime for 2007.
The new price cap framework covers telecom pricing in all ILEC territories – Aliant, Bell Canada, Telus, MTS, and Sasktel.
The Commission designed the price cap regime to achieve the following objectives
* To render reliable and affordable services of high quality, accessible to both urban and rural area customers
* To balance the interests of the three main stakeholders in telecommunications markets, i.e., customers, competitors and incumbent telephone companies
* To foster facilities-based competition in Canadian telecommunications markets
* To provide incumbents with incentives to increase efficiencies and to be more innovative; and
* To adopt regulatory approaches that impose the minimum regulatory burden compatible with the achievement of the previous four objectives.
