Cable / Telecom News

Phonetime signs consent agreement

MISSISSAUGA – Long distance service provider Phonetime signed a consent agreement on Monday with the Competition Bureau on the marketing of pre-paid long-distance phone cards.Phonetime paid the $300,000 as per the agreement, an amount that the company said that it had accrued two years ago in its 2007 financial results. It will also offer a refund with proof of purchase for most of the purchase price to individuals who bought Bravo and Bravo Atlantic phone cards."The focus of our operations has evolved considerably since the investigation began and phone cards now represent less than 5% of our overall sales”, said...