Report says $1.68B in network investment will be cut if CRTC decision stands

TORONTO – Expect network investment to plummet, the growth of the digital economy in Canada to stall and an invasion of well-heeled foreign broadband resellers if the recent CRTC decision on third party internet access wholesale rates is not overturned, says a report published this week by TD Securities.While saying he expects the decision to be challenged and overturned or at least revised, TD telecom and media analyst Vince Valentini pulls no punches in his analysis, saying the Commission-set wholesale rates and retroactive rebates are bad for the incumbent carriers, their customers and Canada as a whole – and that...