The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports.  Incumbent telephone companies are lauding the recently released report from the Telecommunications Policy Review Panel, which recommends they be regulated to a much lesser degree.  Of course not all ILECs are happy with the direction of the recommendations. MTS Allstream complains the recommendations will do little to improve the competitive situation in local residential markets in Canada.  To be fair it would be difficult to please every interested party given the scope of this review – more than 100 questions were asked of the panel at the outset. So, the war of words between those that believe the seminal report will spur more competition and those that think it allows ILECs to squeeze what remains of competition will continue.  However, one has to wonder whether these recommendations will help or hinder the ILECs and competitive telcos alike. They still compete against each other with relatively similar services some would suggest are just plain old telephone wrapped up differently. One analyst Network Letter spoke to suggested that there will be more competition in the market, but it will come from the portal companies – the Googles, Yahoos and MSNs of the world (see lead article for more on this and other issues related to the telecom review recommendations).  As interesting as that concept appears, one has to question the merits of such an outcome. While this would be great news to the consumers, this list of portal companies doesn’t have a Canadian name on it.  I’m not so sure this is what the panel had envisioned as an outcome of its lengthy and extensive review.