This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Federal Rejection Of Public Hearings On The Wireless Loopholes A Missed Opportunity

Conservative MPs block federal Industry Committee from hearing the concerns of the 81% of Canadians who want a level competitive playing field in wireless

MONTREAL, Aug. 27, 2013 /CNW Telbec/ - Bell is disappointed in today's decision by Conservative MPs on the House of Commons Industry Committee to block public hearings on their government's wireless policy - including the 3 wireless loopholes opposed by most Canadians that give extraordinary advantages to major US players like Verizon.

"The vast majority of Canadians want a level competitive playing field in wireless and don't want any companies to receive special favours. It's unfortunate that the government has rejected the chance to engage with Canadians on the public stage and show leadership in this critical national debate," said George Cope, President and CEO of Bell Canada and BCE.

The 3 loopholes in federal wireless rules give US companies like Verizon these advantages over Canadian companies: 1) preferred access to Canada's crucial wireless spectrum, 2) the right to piggyback on Canadian carrier networks, and 3) the right to acquire struggling companies in Canada that Canadian companies like Bell can't buy.

Tens of thousands of Canadians have written to the Prime Minister asking for the loopholes to be closed, and national and provincial organizations of all kinds representing millions of Canadians have also made their concerns about the loopholes public.

In a recent national survey by Nanos Research (, Canadians said they want a level playing field in wireless. 81% said the government should give no favours to any carrier, foreign or domestic, while just 2% supported the idea of special favours for giant US entrants like Verizon.

"The federal government continues to ignore the growing chorus of Canadians of all kinds who are calling for the wireless loopholes to be closed," said Mirko Bibic, Chief Legal and Regulatory Officer for Bell. "Parliament is the right place to have a fair, transparent and constructive dialogue on a public policy affecting all Canadians. Unfortunately, Conservative MPs just shut down the best opportunity for the concerns of Canadians to be heard."

Bell joins Canadians in calling on Ottawa to close the 3 wireless loopholes by:
  • Letting all carriers bid on two blocks of prime spectrum in the upcoming auction of Canada's 700 MHz airwaves - not just US carriers.
  • Requiring any US carrier that enters Canada to build out to the entire country, including rural areas.
  • Giving Canadian wireless incumbents the chance to bid against the major US companies to acquire wireless startups seeking buyers.

To learn more about this situation, please visit

About Bell Headquartered in Montréal since its founding in 1880, Bell is Canada's largest communications company, providing consumers, business and government customers with leading TV, Internet, wireless, home phone and business communications solutions. Bell Media is Canada's premier multimedia company with leading assets in television, radio and digital media. Bell is wholly owned by Montréal's BCE Inc. (TSX, NYSE: BCE). For more information, please visit

The Bell Let's Talk mental health initiative is a national charitable program that promotes Canadian mental health across Canada with the Bell Let's Talk Day anti-stigma campaign and significant funding for community care, research and workplace best practices. To learn more, please visit

SOURCE Bell Canada

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs