FOR IMMEDIATE RELEASE

TekSavvy disappointed by CRTC billing practices decision

November 15th, 2011. Chatham, Ontario.

TekSavvy Solutions Inc. (“TekSavvy”), one of Canada’s leading independent Internet service providers, is disappointed with the rates for the wholesale high-speed services that the Canadian Radio-television and Telecommunications Commission (“CRTC”) approved today. The rates are for services that Internet service providers need to purchase from the large telephone and cable companies, such as Bell and Rogers, in order to provide Internet access services to their own retail customers.

In Telecom Regulatory Policies CRTC 2011-703 and 2011-704 issued today the CRTC implemented new rate structures and rates for wholesale services.  

TekSavvy is pleased with the rate structure adopted, but the actual rates will increase the cost of Internet for Canadian consumers.

“The CRTC decision is a step back for consumers. The rates approved by the Commission today will make it much harder for independent ISPs to compete”, said Marc Gaudrault, TekSavvy’s CEO. “This is an unfortunate development for telecommunications competition in Canada,” he added.

About TekSavvy Solutions Inc.

TekSavvy Solutions Inc (TSI), is one of the leading independent providers of telecommunications services in Canada. Founded in 1998, TSI provides residential, business and wholesale Internet and phone services in Canada. Today, TSI’s services are used by tens of thousands of Canadians. Based in Chatham, Ontario, TSI operates offices in Chatham, Sudbury and Ottawa. TSI is a privately held company that is in the forefront of protecting Canadian consumers’ rights online. For more information, visit www.teksavvy.com.