Cable / Telecom News

TPIA: Another ISP says it’s suspending fibre investments due to CRTC’s wholesale rate decision

MARKHAM, Ont. — Yet another independent ISP says it is being forced to halt network investments it hoped to make due to the CRTC’s decision last month not to lower Internet wholesale rates, with Markham, Ont.-based CIK Telecom announcing last week it is not going ahead at this time with a $300-million fibre network project which it announced in January. When CIK Telecom announced the Markham project, it said it was “anticipating that the CRTC will lower the wholesale rates and expecting the incumbents to refund the overcharges retroactively to third-party internet providers dated back from April 2016 until today,”...