MPs Challenge Telecom Execs’ Defence of Phone Plan Pricing

The top executives of Canada’s three largest telecom companies argued before a parliamentary committee that they have been lowering mobile prices to accommodate customer needs, despite criticism that Canadians pay more due to a lack of telecom competition. The chief executive officers of Bell, Rogers, and Telus defended industry pricing while testifying before the Commons industry and technology committee on March 18. MPs on the committee had called the CEOs to address concerns about high mobile plan prices in Canada. All three representatives argued that a competitive Canadian industry has driven mobile prices down despite the rising cost of living. “Canadians pay much lower prices for wireless internet today than they did just a short time ago,” Bell CEO Mirko Bibic said in his testimony before the committee, which was first covered by Blacklock’s Reporter....