Wednesday, October 8, 2025

Latest

Over 60,000 People Sign Petition To End Canada’s Telecom Oligopoly

Canadians are calling on the Canadian Radio-television and Telecommunications Commission (CRTC) to end the domination of Rogers Communications Inc. (TSX: RCI.B), BCE Inc (TSX: BCE) and Telus Corporation (TSX: T) over the country’s telecommunications industry.

The campaign, in the form of a Change.org petition started by Nicole Goodmurphy-McCallum, has gathered over 60,300 signatures so far. 

This was triggered by a series of recent events that stress the glaring need for telecom competition in the country: first was the proposed merger between Rogers and Shaw Communications (TSX: SJR.B), exacerbated by the massive, 19-hour Canada-wide Rogers outage last month, and then most recently, Telus’ request to charge a 1.5% credit card processing fee on all customer bill payments.

Source: Wall Communications

Canadians also have no choice but to pay for some of the most expensive phone and internet service fees in the world. Perhaps not surprisingly, Rogers posted strong second-quarter earnings despite the impact and backlash of the July outage. While Telus had a net income of $56 million for the second quarter of this year — almost four times higher than the $16 million in the same quarter last year.

The petition calls on CRTC to “take immediate action” and allow new players to enter the market opening up opportunities for healthier competition with lower service fees. It’s also an attempt to keep the two telecom companies to be more transparent and to provide better service quality to Canadians.

Earlier this month, a coalition of two advocacy groups submitted a separate petition, one that called on Innovation, Science, and Economic Development (ISED) Minister François-Philippe Champagne to “explore all options to cut Canada’s telecom monopolies down to size.”

OpenMedia and Leadnow were able to gather over 28,000 signatures for their petition. The two groups are pushing for the Innovation Minister to consider every solution, suggesting that the government step in to provide universal public internet service, separate vertically-integrated “Big Telecom” companies, and put a ban on buyouts by the dominant players. They also said that the Minister should do his part in blocking the Rogers and Shaw merger.

The government has yet to react to either petition.


Information for this briefing was found via the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

BCE Slashes Dividend by 56% in Q1 2025, Announces Deal To Expand Into US

BCE (TSX: BCE) reported first quarter 2025 financial results, with operating revenues falling 1.3% YoY...

Thursday, May 8, 2025, 09:51:00 AM

BCE Sees Major Earnings Boost in Q2 2024, Despite Revenue Dip

Bell (TSX: BCE) has reported an increase in its earnings for the second quarter of...

Thursday, August 1, 2024, 12:14:00 PM

Bell Removed From S&P/TSX Canadian Dividend Aristocrats Index Alongside Fiera Capital

A major change has been announced for the S&P/TSX Canadian Dividend Aristocrats Index. That change...

Saturday, May 24, 2025, 11:25:00 AM

Tables Turn on Shaw Family as Rogers Deal Threatens Their Media Holdings

The Shaw family, once a powerhouse in Canadian telecommunications, now finds itself on the receiving...

Wednesday, August 14, 2024, 11:14:00 AM

Should Bell Sell Off MLSE To Tackle Its Debt Problem?

Bell has a debt problem. The company, formally known as BCE Inc (TSX: BCE), has...

Tuesday, April 2, 2024, 08:38:47 PM