Canada to limit wholesale wireless rates charged by big firms

Tue May 5, 2015 4:13pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

GATINEAU, Quebec May 5 (Reuters) - Canada will limit the wholesale wireless rates that major firms charge their rivals as part of a push to boost competition in the telecommunications sector, the country's broadcast regulator said on Tuesday.

The move means that the three companies that dominate the market - Telus Corp, BCE Inc and Rogers Communications Inc - will have to charge lower rates than at present. This is designed to allow smaller firms to expand. (Reporting by David Ljunggren, editing by G Crosse)