"I do think that having a fourth player, which is pretty rare and could lead to some further price decreases." "Some observers have indicated that they view (the market) as, 'There's some complacency in terms of the price competition,"' said Wall. ![]() That move was a requirement of Rogers Communications Inc.'s April acquisition of Shaw imposed to ease competition concerns surrounding the merger. He added that the entry of Quebecor Inc.'s Videotron to the national market through its purchase of Freedom Mobile from Shaw Communications Inc. "Technology is allowing improvements in the use of spectrum, in the way that networks are run, in the efficiency of networks and so that's probably a key cause of why prices are coming down," Wall said. publishes an annual report comparing Canadian phone and internet prices with those of other countries. The data aligns with trends that show the costs of telecommunication services in Canada have been declining in recent years, said Gerry Wall, whose company Wall Communications Inc. Statistics Canada attributed more affordable phone bills to both lower prices for cellular data plans and promotional pricing. Overall, the cost of telephone services dropped 11.1 per cent in June from a year ago. TORONTO - A price drop for Canadian phone and internet services last month has some observers optimistic about the downward trend, but industry watchers say there is still a long way to go when it comes to telecom affordability.Ĭonsumers paid 14.7 per cent less for cellular services in June compared with the same month last year, following an 8.2 per cent decline in May, according to Statistics Canada's latest inflation report released Tuesday. CTV News is a division of Bell Media, which is part of BCE Inc.
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