Telecom revenues top $50B in 2017: CRTC CMR

OTTAWA-GATINEAU – Canadians’ increasing use of Internet and mobile services helped to drive up telecommunications revenues 3.2% to $50.3 billion in 2017, slightly faster than the five-year average annual growth rate of 2.9%, the CRTC said Thursday.In the telecom portion of its 2018 Communications Monitoring Report (CMR), the Commission said that over half (58.2%) of the total revenue share was earned by the country’s large incumbent TSPs, while 34.0% was generated by cable-based carriers, which it defines as the former cable monopolies that currently also provide telecommunications services. Resellers earned 3.6%, other service providers generated 3.2%, and small incumbent TSPs...