Canada will introduce legislation to cap roaming rates that big telecom providers charge their smaller rivals, the government said on Wednesday, aiming to breathe life into its sputtering drive to foster competition in the wireless industry.In announcing the new rules, Industry Minister James Moore said Canada's big wireless companies charge rivals as much as 10 times the rate they charge their own customers for roaming voice, data and text services."For too long, Canadian consumers in the wireless sector have been the victims of these high roaming costs," Moore said in a statement announcing Ottawa's plans to submit an amendment to the Telecommunications Act within weeks. The governing Conservatives hold a majority in the House of Commons, assuring passage of the bill.The legislation would allow the three national carriers - Rogers Communications Inc, BCE Inc and Telus Corp - to charge their competitors no more than the rate they charge their own retail customers. BCE, parent of Bell Canada, shares a coast-to-coast network with Telus.
BCE Inc. is a communications company, providing residential, business and wholesale customers with a range of solutions to all their communications needs. Shares of BCE fell by 0.07% or $-0.03/share to $42.38. In the past year, the shares have traded as low as $38.72 and as high as $48.06. On average, 573319 shares of BCE exchange hands on a given day and today's volume is recorded at 244389.
BCE Inc. is a communications company, providing residential, business and wholesale customers with a range of solutions to all their communications needs. Shares of BCE traded higher by 0.33% or $0.15/share to $45.12. In the past year, the shares have traded as low as $40.58 and as high as $48.90. On average, 1214030 shares of BCE.TO exchange hands on a given day and today's volume is recorded at 653634.
Rogers Communications Inc. (RCI) is a diversified public communications and media company. Shares of RCI fell by 0.04% or $-0.02/share to $44.47. In the past year, the shares have traded as low as $38.32 and as high as $51.98. On average, 379269 shares of RCI exchange hands on a given day and today's volume is recorded at 165641.
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