RoW Update

Foreign ownership hearings to begin January 27
The House of Commons Standing Committee on Industry, Science and Technology announced last week that hearings on potential changes to current restrictions on foreign investment in Canadian telecommunications firms will begin on January 27. The committee still has to clear other items off its plate before the study can begin (RoW, Dec. 9/02 and Nov. 25/02).
"Our review of the foreign ownership restrictions in the telecommunications sector will be a thorough investigation of their impact on investment and on sovereignty in light of the essential role played by this sector in a knowledge-based economy," Walt Lastewka, chair of the Committee, said in a news release. "Maintaining a modern, domestic infrastructure in telecommunications requires periodic review of laws and regulations to ensure that they provide the right mix of incentives to achieve a proper balance between national sovereignty and economic prosperity objectives."

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NL Editorial

The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports.

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NL International Briefs

Government aid to France Télécom under attack
European regulators want an investigation into the legality of the French government’s bailout of France Télécom. The Chirac government pledged EUR 8.79 billion (nearly $14 billion) to the telco, which is also weighing a EUR 2-billion (about $3.1 billion) bond issue.
The French government holds a majority stake in the incumbent.

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NL People

Randy Benson has resigned as senior VP/CFO of Call-Net Enterprises Inc. effective December 31. He had been with the CLEC since 1999.

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NL Short Takes

Decima Reader Online Poll, October/November 2002
Twenty-nine per cent of Decima Publishing readers responding to an informal online poll indicated that they felt any skills shortage in the communications sector had been mitigated by heavy layoffs. A key theme from the Speech from the Throne, delivered on September 30, was on the need to attract skilled workers. Decima Publishing subscribers were asked in October/November 2002 whether they believed that: there is no shortage; the skills shortage has been mitigated by heavy layoffs in the communications sector; Canada must immediately invest more heavily in education to train Canadians for skilled jobs in the communications sector; or a poor investment climate, and not a lack of training, is responsible for the skills shortage?

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RBUA president resigns but group will continue as a forum for discussion

 

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Commons committee recommends changes to R&D funding regime

 

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Competition Bureau wants Cabinet to order CRTC review of price cap decision

 

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Industry committee prepares for intense study of telecom ownership regulations

 

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CRTC takes Bell Canada to task for violations of bundling regulations

 

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