New wholesale rates to cost Rogers $140M, Cogeco $25M, companies say
Briefs | 08/19/2019 7:29 pm EDT
Cogeco Inc. said Monday that the new wholesale broadband rates set by the CRTC will cost the company $25 million in retroactive payments, while Rogers Communications Inc. said it “expects to record a charge of approximately $140 million in the current quarter to account for the retroactive impact of the lower rates.”