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More details out from the Rogers CEO on how they hope to avoid a repeat in the future.

Projected cost, off the bat, 10B over 3 years.

Article here:


From the above:

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I suspect the $10B was their already contemplated capex, just rebranded as expenditures to address the network failure.
 
The stupid Rogers-Shaw merger is approved.

The federal government says that this will bring prices down (are they crazy)?

One consultant called the Competition Bureau stubborn. Oh those stubborn bureau people! Actually wanting low prices!

Sigh.

In multiple industries we need to break up the oligopolies in this country.

I didn't necessarily mind it 20+ years ago when they were tightly regulated, smaller, accepted lower ROI etc.

But we're at a point where in so many industries the consumer is being mooched; and not because employees are being treated decently in terms of wages.

Just straight up greed.
 

Internet service provider (ISP) TekSavvy’s stronghold as a fiercely independent provider company might soon come to an end.

According to The Globe and Mail, the ISP has put itself on the market. The publication reports the company has launched a formal sale process and is currently accepting bids.

In the past year, large corporations have purchased similar providers. Bell purchased Distributel and EBOX. Telus acquired Altima and Start.ca. Cogeco took over Oxio. TekSavvy called the acquisitions “carnage” in a February post on its website.
 
Are the big telcos going to consolidate the independent ISPs as they did with mobile providers?
 
Are the big telcos going to consolidate the independent ISPs as they did with mobile providers?

If allowed to? Yes.

They don't want real competition. Stifle it early is them motto.
 
Verizon should start contemplating expanding into Canada again just to see how much the telecoms start crying again and how they'll mount massive TV/newspaper ads to fight against it.

Our whole telecom system is a screwed up mess; the government doesnt want to allow competition since they're scared foreign players will buy Canadian companies even though competition is what will force the Big 3 to actually innovate. So since they wont allow it, the Big 3 dont innovate and choose to do the bare miniumum on virtually everything and buy out all small players because the government thinks that will somehow make them even bigger. But then the Big 3 turnaround and hack/slash everything they can and then do things like this so they wont have to provide basic services:

 
Telus just announced they will layoff 6,000 employees.

The cuts will involve 4,000 positions at its main Telus business and 2,000 at Telus International and will include offers of early retirement and voluntary departure packages, the Vancouver-based company said Friday.
Probably these are tilted to Western Canada, but there will certainly be many here in Toronto.

 
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Verizon should start contemplating expanding into Canada again just to see how much the telecoms start crying again and how they'll mount massive TV/newspaper ads to fight against it.

Our whole telecom system is a screwed up mess; the government doesnt want to allow competition since they're scared foreign players will buy Canadian companies even though competition is what will force the Big 3 to actually innovate. So since they wont allow it, the Big 3 dont innovate and choose to do the bare miniumum on virtually everything and buy out all small players because the government thinks that will somehow make them even bigger. But then the Big 3 turnaround and hack/slash everything they can and then do things like this so they wont have to provide basic services:


Looking at the above, and seeing a story yesterday about Bell Media's CEO asking for government assistance........ugh, I have thoughts.

1) Break up Bell, severing its media division and its sports properties from the pure Telco; do the same to Rogers and Telus. Back to being utilities for you!

2) Regulate the maximum margin of these businesses just as used to be done when they were pure play telcos, ROI capped at 8%

3) Let competition in on the TELCO side.

4) On the media side, if CTV can't make any money on local or cable, in part because they invested next to nothing in programming, having them 'donate' their local stations to CBC, (we'll guarantee continued placement on cable for them); the government will issue a tax credit for the donation, in accordance w/the profitability of the assets. CBC would incur a small marginal operating cost, but that would be almost entirely offset by better exposure to broadcast and promote its programming.

5) Eliminate Sim-Sub (simultaneous substitution of ads) which results in a perverse incentive air American network TV programs, but off-set that loss by having the CBC exit advertising on its main network, giving the 400M off-set to CBC not Bell.

6) Eliminate the diffusion of Canadian content regs through 'station groups'; and restore the requirement to each individual channel.

7) Reduce requirements for 'independent' productions so that Canadian broadcasters pick up more revenue from international sales

8) Return to channel format requirements. One of the reasons cable has lots viewers is that the channels have mostly morphed into homogeneous, mediocre, blob.

9) On Telcos, require them to share trunk fiber and cell towers, to reduce needless duplication of infrastructure.

10) Instead of a series of one-off subsidies for extending fiber, have a single government program - federal, which funds full fiber, coast to coast along the Trans-Canada. Provinces, Towns and utilities would be solely responsible for last-mile extensions.
 

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