Cable / Telecom News

Wireless Review: Eastlink tells Commission it already cut budgets, people, in fear of a mandated MVNO decision


By Greg O'Brien GATINEAU – “Our initial capital budget for this coming year… was about $220 million. We’ve cut $60 million out of that. We’ve laid off people.” This was part of the response from Eastlink CEO Lee Bragg when asked by CRTC commissioner Christopher MacDonald of the possible impact of a mandated mobile virtual network operator regime. Bragg said the fear of such a decision – coupled with the recent third party internet access decision on the wired side where Bragg says CRTC-set rates are below-cost and which it is fighting on many fronts – pushed the family-owned company...