TMCnet News
Competition Bureau of Canada brief - Videotron's strong market presence helps lower wireless pricesMONTRÉAL, Nov. 26, 2019 /CNW Telbec/ - Videotron is pleased to note that it is cited as an example in the conclusions of a brief filed with the CRTC by the Competition Bureau of Canada. The federal agency's submission finds that the presence of a strong 4th player in a market has the direct effect of lowering prices for wireless services. According to the Bureau, wireless prices can be 35% to 40% lower in a market where there is a regional facilities-based carrier such as Videotron. "Quebecers pay less for wireless services than people in other parts of the country because of Videotron's strong presence," said Jean-François Pruneau, President and Chief Executive Officer of Videotron. "We are plased to see that, like Videotron, the Competition Bureau of Canada understands the importance of fostering healthy competition while maintaining a favourable environment for investment in wireless infrastructure. Videotron is proud of the world-class network it has built over the past few years. We have our sights set firmly on the future and will continue innovating to offer our customers the best prices, services and products on the market." Videotron has spent more than $2.5 billion since 2008 to build out its wireless network and has created thousands of jobs across Québec. About Videotron SOURCE Videotron |