Friday 27 August 2010

Is the CRTC Deferral Account Decision Near?


On 27 Aug 10 the CRTC issued a Media Advisory to advise “On August 31, 2010  a media lock-up will be held from 2:00 p.m. to 4:00 p.m. at the Canadian Radio-television and Telecommunications Commission (CRTC) for the decisions related to the disposal of the funds remaining in Bell Canada, Bell Aliant, Telus and MTS Allstream's deferral accounts. “

I expect the decision will become made public shortly after 4:00 PM on Tuesday, 31 Aug 10. 

I have not any seen leaks at the time of writing on what the decision will be.

As you recall, in January 2010 the Bell Companies proposed that Deferral Account  funds be used to provide broadband connectivity in the designated Deferral Account areas by means of 3G HSPA wireless technology. Extensive discussions and consultations took place over the past several months leading up to Tuesday's anticipated announcement.

The Deferral Account areas in the Algoma District are SSM-Airport (Pointes areas),  Wawa, Goulais, Echo Bay and St. Joseph Island.

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