Quebecor will make overdue internet price increase in December: execs

Company not happy with claims it’s the aggressor on price By Ahmad Hathout Quebecor executives said Thursday that aggressive competitor pricing on wireline and wireless and its own immobility on price adjustments have put unnecessary pressure on its revenues in the third quarter, saying they will have to make an annual increase come December. In response to a question about lower cable revenues despite customer gains in the third quarter, Chief Financial Officer Hugues Simard said the company is “not pleased.” “Most of the explanation, actually, for the lower revenues has to do with us not making an annual increase...