Cable / Telecom News

Telecommunications revenues down 1.4% in 2020, CRTC says

GATINEAU – Total revenue for Canada’s telecommunications sector was $53.4 billion in 2020, a decrease of 1.4% compared to 2019, the CRTC says. This is according to the telecom portion of the CRTC’s Communications Market Report (CMR; formally the Communications Monitoring Report), released last month. The report features data from 2020, during which the Covid-19 pandemic began, non-essential travel was curtailed and many Canadians ended up working from home. During this time, there were higher volumes of wireline voice calling, significantly increased Internet data usage and decreased mobile roaming, the report explains. The 1.4% total revenue decrease for telecommunications in...