CRTC denies TerreStar’s requested stay of spectrum revenue deduction decision

The CRTC last week informed TerreStar via letter that the commission was denying the Montreal-based mobile satellite and cell services provider’s request for a stay of its June 2023 decision not to allow the company to reduce its regulatory fee obligations by deducting its spectrum leasing revenues. TerreStar has argued the revenues generated from the sale or leasing of spectrum did not qualify as a telecommunications-related expense, which would have reduced its obligation to the National Contribution Fund (NCF), which is used to fund broadband infrastructure in Canada. TerreStar filed a review and vary application in August appealing the CRTC’s decision and asking for a stay,...