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Internet Bills To Rise As Cable TV Heads Into ‘Veritable Bloodbath’

Roshan Dwivedi Published on : 17 April 2015

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Cord cutting, combined with more consumer-friendly rules from the CRTC, will send Canada’s telecoms into a TV-services “bloodbath” from which they will recover by raising prices for internet services, market observers say.

The latest signs that cord-cutting is beginning to damage telcos’ bottom lines came this week with a new report showing that Canadians ditched cable at an increasingly rapid rate last year.

The report from Convergence Consulting Group found 95,000 Canadian households (equivalent to a city similar in size to Saskatoon or Windsor) cut the cord last year, and the consultancy expects that number to be larger this year.

Read the entire story here.

Written by: Roshan Dwivedi

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