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Report urges 'policy reset' for Canada's telecom sector to help operators invest
The first Canadian policy report from the Global System for Mobile Communications says weaker investment could erode network quality and innovation.
The Global System for Mobile Communications released a report Tuesday calling for a 'policy reset' in Canada, prioritizing network investment over lowering consumer prices.
In recent years, the CRTC has focused on boosting competition and lowering costs, but this approach must evolve to address plateauing revenues and rising capital costs facing operators.
Mobile technologies and services generated roughly $120 billion last year, representing 5.4 percent of Canada's GDP, with projections showing the value reaching $170 billion by 2030.
Telecom operators face flat revenues and fewer new subscribers due to slower immigration, while rising spectrum licence costs strain their ability to expand networks across Canada.
Without this regulatory shift, the report warns that Canada risks a gradual decline in network quality and innovation, potentially stalling the industry's long-term economic contributions.