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General

Iristel calls on CRTC to reject Northwestel funding

Tuesday 31 July 2012 | 09:20 CET | News
The Canadian Radio-television and Telecommunications Commission (CRTC) must turn down Bell Canada's attempt to funnel CAD 40 million to its subsidiary Northwestel, according to rival Iristel. As part of Bell Canada's proposed takeover of Astral Media, the CRTC requires new broadcast owners to spend money on 'public benefits' to the broadcasting system. Public benefits money is intended for third parties, like independent producers, not corporate subsidiaries like NorthwesTel, Iristel noted. Earlier this month, NorthwesTel announced a five-year mobile network upgrade with a portion tied to the

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Categories: General
Companies: Astral Media / Bell Canada / CRTC / Iristel
Countries: Canada
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