March 5 2020 4:54pm

Big 3 telecom firms will get 2 years to cut rates or face consequences: Bains

During an announcement in Scarborough, Ont., on Thursday, Innovation Minister Navdeep Bains said the federal government would give the three largest telecom firms, Rogers, Bell and Telus, two years to cut prices by 25 per cent before introducing regulatory tools. Bains also said the government would set aside 50 MHz for small and regional operators as part of a 3500 MHz spectrum auction taking place next December.

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