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    GOOGL   US02079K3059

ALPHABET INC.

(GOOGL)
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Canada telecom regulator strengthens net neutrality rules

04/20/2017 | 06:49pm EDT
CRTC Chairman Jean-Pierre Blais speaks during a news conference in Gatineau

TORONTO (Reuters) - In a move seen as a victory for net neutrality advocates, Canada's telecom regulator said all data delivered online should be treated equally by internet service providers as it blocked one company's effort to leverage content to win customers.

The Canadian Radio-television and Telecommunications Commission (CRTC) ruled on Thursday that Quebecor Inc's (>> Quebecor, Inc.) Videotron can no longer offer unlimited music streaming from Spotify, Google Music (>> Alphabet Inc) and others to wireless customers without it counting against their data allowances, a practice known as zero-rating.

Videotron, which has until July 19 to comply, said the decision would prevent it is a new entrant from setting itself apart from established mobile operators.

The CRTC did not issue a blanket ban, however, instead saying it would rule on a case-by-case basis on whether such arrangements provide "undue or unreasonable" preference.

"On a technicality it leaves some wiggle room for some really creative attempts at zero-rating that can be challenged after the fact," said Laura Tribe, the executive director of consumer advocacy group OpenMedia.

"This is a really strong step for Canada in terms of being a global leader in net neutrality," she added.

The ruling, which covers both fixed-line and wireless internet, comes amid an ongoing global debate on whether suppliers of connectivity must treat all data equally, a concept known as net neutrality.

EU telecom regulators last year limited the extent to which some applications may be exempted from data limits.

Meanwhile, U.S. President Donald Trump's appointee to head the Federal Communications Commission plans to roll back Obama-era net neutrality rules and wants internet service providers instead to voluntarily agree to maintain an open internet.

"When combined with the federal government's clear support for net neutrality, the Canadian framework is now one of the strongest in the world," University of Ottawa law professor Michael Geist wrote on his personal website.

The CRTC had previously ruled mobile television products offered by BCE Inc's (>> BCE Inc.) Bell Mobility and Videotron ran afoul of the law, while other large operators such as Rogers Communications Inc (>> Rogers Communications Inc.), Telus Corp (>> TELUS Corporation) and Shaw Communications Inc (>> Shaw Communications Inc) have avoided the practice of content-specific pricing.

"We're glad that internet providers won't be allowed to act as gatekeepers and give privileged access to a select few," said David Watt, head of regulatory affairs at Rogers, which dissented from its peers by arguing against the practice at a hearing late last year.

BCE said it saw the decision as consistent with how it already operates.

(Reporting by Alastair Sharp; Editing by Diane Craft and Sandra Maler)

By Alastair Sharp


© Reuters 2017
Stocks mentioned in the article
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ALPHABET INC. -1.96% 2816 Delayed Quote.60.67%
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Analyst Recommendations on ALPHABET INC.
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Financials (USD)
Sales 2021 250 B - -
Net income 2021 68 645 M - -
Net cash 2021 140 B - -
P/E ratio 2021 27,9x
Yield 2021 -
Capitalization 1 882 B 1 882 B -
EV / Sales 2021 6,95x
EV / Sales 2022 5,86x
Nbr of Employees 144 056
Free-Float 93,1%
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Technical analysis trends ALPHABET INC.
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Mean consensus BUY
Number of Analysts 45
Last Close Price 2 816,00 $
Average target price 3 201,73 $
Spread / Average Target 13,7%
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Managers and Directors
Sundar Pichai Chief Executive Officer & Director
Ruth M. Porat Chief Financial Officer & Senior Vice President
John LeRoy Hennessy Chairman
Louis John Doerr Independent Director
Ann Mather Independent Director
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