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.

Antimony Resources — sponsored Sponsored · Antimony Resources

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

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Trending

Related News

Telus, Nvidia To Partner For “Sovereign AI Factory” In Quebec

Telus and Nvidia have announced a landmark partnership to establish a so-called “sovereign AI factory”...

Wednesday, March 19, 2025, 10:40:00 AM

“Outage” Once More: Rogers CTO Out Following Service Blackout

When a company makes a huge mistake, the brunt of the fault usually falls on...

Friday, July 22, 2022, 10:20:00 AM

Rogers: BMO Sees Increased Regulatory Risk On Shaw Deal Closing Following Friday’s Outage

As most Canadians already know, on Friday, July 8, Rogers Communications (TSX: RCI.B) had a...

Monday, July 11, 2022, 11:28:00 AM

Competition Tribunal Approves Rogers-Shaw Merger Despite Considering Network Outage

The Competition Tribunal is dismissing the case put forth by the Competition Bureau to challenge...

Friday, December 30, 2022, 09:10:00 AM

Telus Sheds 6,000 Positions Amid Rising Competition and Regulation

Telecommunications behemoth Telus Corp (TSX: T) has announced its intention to cut 6,000 jobs as...

Friday, August 4, 2023, 12:25:16 PM