Telecom CEOs appear before federal committee, tell MPs phone and internet prices are coming down

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Telecom CEOs appear before federal committee, tell MPs phone and internet prices are coming down
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The three CEOs cited increased data usage, high spectrum costs and regulatory conditions as some reasons Canadians may feel otherwise

The chief executives of Canada’s three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, citing increased data usage, high spectrum costs and regulatory conditions as some reasons Canadians may feel otherwise.Darren Entwistle – appeared virtually at the House of Commons industry committee meeting after its members voted unanimously last month to summon them.

Bibic would not confirm whether Bell plans to follow suit with similar price hikes, stressing the company’s focus is on lowering costs, while Entwistle said he was confident Canadians would see price declines but could not discuss specifics about price setting.

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