Amid the doom and gloom of the telecom landscape, the CRTC issued a report yesterday Canada's telecom market grew 3.5% to C$34.5-billion last year while operating profits rose a healthy 8% to C$12.4-billion. That's that bad considering competition, particularly, within the enterprise market, is brutal. Most of growth came from the high-speed Internet and wireless markets where prices hikes can be passed along to consumers without too much of a hassle. Rogers, for example, is apparently going to introduce a $5 a month increase for its Extreme high-speed service soon, which would generate another $60 million a year in revenue.
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Surprise, Surprise: Canadian Telecom Market Grows
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