Reported in The Star.
So why didn't MTS and Persona pony up the cash to expand infrastructure in Newfoundland and Labrador without provincial government assistance?
And while we are looking at telecom issues, notice that the federal government announced in June that it planned to deregulate telephone service across Canada. The story was confirmed with an announcement today.
Under existing policy, companies like Aliant are regulated in order to prevent them from dropping prices below cost. That was seen as a way of encouraging competition in the local marketplace.
Newfoundlanders and Labradorians will note that the provincial government started consideration of a proposal from Persona to have the province invest $15 million - $30% of the total project cost - into Persona's construction of fibreoptic links to the mainland around the same time the feds announced plans to deregulate the industry.
