Cost of net going up?

[omega13]

With the cost of internet about to go up by the big companies from what I have read, is vmedia doing the same with upping net prices or will they remain the same?

[Chipster]

With the cost of internet about to go up by the big companies from what I have read, is vmedia doing the same with upping net prices or will they remain the same?

If I understand wholesale internet prices correctly. The re-sellers (big companies) have to submit a request (with numbers to back it up) to the CRTC and get it approved in order to raise wholesale prices. I haven't read anything yet about a CRTC request yet. Let's hope the wholesale prices don't move up.

[omega13]

its been on cbc, and other website of both bell and rogers upping their prices. Which means if I am correct then vmedia and others who use their services will go up also. Its a shame that's why I am asking because net is high enough at the moment. links are as follows, http://www.cbc.ca/news/business/inte...hike-1.4564644 , https://www.thestar.com/business/201...-in-april.html . These big guys need to stop this crap..

[bonifaceviii]

There hasn't been any announced increases to wholesale prices as far as I know, but it couldn't hurt to get a confirmation. Matt?

[MattVMedia]

Hi,

We'll likely do a price increase on select plans later this year. It won't be across the board, and will target primarily older plans which are not in line with current in-market pricing.

We're very sensitive to pricing, and any adjustments to plan pricing will be similar to previous incremental increases, ex: $1-$3 on select internet plans. There will also be plans which remain unchanged. What we will not be doing is the aggressive $5-$8 increase per service that some incumbents have announced recently.

We'll be sure to communicate any upcoming changes to impacted customers via email well ahead of time, once finalized.