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Why is mobile data in Canada so expensive?
(lemmy.ca)
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Thanks for reading all of this, even if you didn't read all of this, and your eye started somewhere else, have a watermelon slice ๐.
Came here to say the same thing from slightly different perspective.
I worked at a company that provided Value Added Services to all the carriers. Somehow (lobbying, I guess) all the revenue share we received was treated by them as R&D money, even though it was pure profit. In short, they were making a ton of cash, sharing some of it with us, and then not re-investing it back into their networks like they were legally required to do.
They are an exercise in failed capitalism
No, it's absolutely lobbying and regulatory capture. When I worked in the telco space, back when long distance competition came to Canada, the CRTC was a constant revolving door of lawyers and company VPs from the telcos. The running gag in our office was that if a decision didn't go our way, that the C-Suite would have to fire someone for the failure, so they could go work at the CRTC and influence the next decision in our favour.
But it wasn't a gag. Three of my co-workers from that time ended up taking their turns at the CRTC as analysts and commissioners.
Not mobile, but I remember TekSavvy blasting the CRTC head for having some pints with his buddy, the CEO of Bell. You know, as the head of an impartial regulatory body should.
https://www.iphoneincanada.ca/2021/06/24/teksavvy-blasts-crtc-chair-for-having-beers-with-bell-exec-at-pub/