Connect with us

Technology

CRTC takes action to bring Canadians more choice and lower prices for high-speed Internet

Published

5 months ago

on

OTTAWA, ON and GATINEAU, QC, Aug. 13, 2024 /CNW/ – The CRTC is taking a major step forward to improve competition in Canada’s Internet market. 

Today’s decision will deliver more choice to Canadians who want higher-speed Internet at lower prices by enabling competitors to use the fibre networks of the large telephone companies and will maintain incentives for companies to invest in high-quality networks. 

In 2023, the CRTC launched a public proceeding to improve Internet service competition in Canada. The record of the proceeding shows that competition in the Internet services market is declining. This has left many Canadians with fewer options for high-speed Internet.

Last November, the CRTC took a significant step to help stabilize the market. On a temporary and expedited basis, the CRTC provided competitors with a workable way to sell Internet services using the fibre-to-the-home networks of large telephone companies in Ontario and Quebec, where competition had declined most significantly. That access launched in May 2024, and competitors are using it today to offer consumers new fibre Internet choices.  

Following the November decision, the CRTC continued to collect evidence and build a robust record to inform today’s decision. The CRTC received over 300 submissions and heard directly from 22 groups during a week-long public hearing in February 2024.  

Based on this record, the CRTC is now extending workable access to the large telephone companies’ fibre across Canada. Starting on February 13, 2025, this new access will grow Internet competition and empower consumers with new choices. It will make Internet providers work harder to win Canadians’ business so that consumers can benefit from lower prices and innovative new offers.  

At the same time, the CRTC recognizes that building out fibre is expensive. The CRTC is taking action to ensure continued investments so that more Canadians can get access to high-quality, higher-speed Internet. For example, the new access granted in today’s decision applies only to fibre that has already been built. Any new fibre built by the large telephone companies will be made available to competitors in five years. This head start gives the large companies an opportunity to more quickly make a return on their investments and encourages them to connect more Canadians to fibre sooner.  

The CRTC is continuing its work to set the wholesale rates competitors pay when they sell Internet services over fibre networks. The CRTC will set just and reasonable cost-based rates for access to fibre across the country by the end of this year. These rates will be in place in time for the CRTC’s new approach to take full effect in February 2025. For now, the existing rates in Ontario and Quebec will remain in place.

The CRTC will continue to closely monitor the Internet services market and the impact of its regulatory framework to ensure Canadians benefit from increased competition, lower prices and high-quality Internet. 

Today’s decision is part of the CRTC’s broader effort to ensure that Canadians have access to affordable and high-quality telecommunications services. The CRTC is encouraged by the recent competitive activity in the cellphone market, where it gave regional competitors the ability to compete as mobile virtual network operators (MVNOs) using the networks of large cellphone companies across Canada. By extending its existing approach for Internet services to fibre networks, the CRTC is setting a path to similar success for Internet services.  

Quotes 

“Today’s decision builds on our work to ensure that Canadians have access to more choice of high-quality Internet and cellphone services at lower prices. We have already taken action to encourage more competition in the cellphone market, while maintaining incentives for companies to invest in networks. We are seeing a positive impact on the cellphone rates Canadians pay and expect to see similar benefits for Internet services.” 

–  Vicky Eatrides, Chairperson and Chief Executive Officer, CRTC  

Quick facts 

The CRTC is an independent quasi-judicial tribunal that regulates the Canadian communications sector in the public interest. The CRTC holds public hearings on telecommunications and broadcasting matters, and makes decisions based on the public record.Today’s decision is consistent with the objectives set out in the Telecommunications Act and the government’s 2023 Policy Direction.  

Associated links

Telecom Regulatory Policy CRTC 2024-180 – Competition in Canada’s Internet service marketsReview of the wholesale high-speed access service framework – Temporary access to fibre-to-the-premises facilities over aggregated wholesale high-speed access services Telecom Notice of Consultation CRTC 2023-56

Stay Connected

Follow us on X @CRTCeng

Like us on Facebook

SOURCE Canadian Radio-television and Telecommunications Commission

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Ganzin Unveils Revolutionary AURORA IIS Eye-Tracking Solution at CES 2025

Published

11 minutes ago

on

December 27, 2024

By

Ganzin will announce AURORA IIS solution in CES 2025, which is a new NPU eye-tracking solution, that only composed of one NPU, two eye sensors, and two IR LEDs. The host could receive eye-tracking results from the NPU directly without any computational burden. It is an ideal eye-tracking solution for AR and AI smartglasses.The NPU’s dimension is just 2.3 x 5.6 mm, the eye sensor’s dimension is 1.6 x 1.6 x 2.3mm, and the IR LED’s dimension is 1 x 0.5 x 0.45mm.DPVR, a leading Chinese VR brand, is set to announce its new standalone VR model, the P2 Vision. The device features advanced eye-tracking technology, powered by the Ganzin AURORA IIS solution.P2 Vision is orderable since CES 2025. You are welcome to visit DPVR booth to experience P2 Vision and Ganzin eye tracking performance at LVCC, Central Hall – 15945.

TAIPEI, Dec. 27, 2024 /PRNewswire/ — Ganzin, a pioneer in glint-free wearable eye-tracking technology provider, is proud to announce the launch of its groundbreaking AURORA IIS solution at CES 2025. This cutting-edge system redefines simplicity and performance in eye-tracking, requiring only one compact NPU, two eye sensors, and two IR LEDs to deliver real-time eye-tracking results to the host device without any computational burden. It is an ideal eye-tracking solution for AR and AI smartglasses.

The NPU, with an ultra-compact size of just 2.3 x 5.6 mm, is purpose-built for AI/AR glasses, and VR headsets. The accompanying eye sensors measure a mere 1.6 x 1.6 x 2.3 mm, while the IR LEDs are 1 x 0.5 x 0.45 mm. The entire AURORA IIS solution weighs less than 1 gram and consumes under 100 mW of power, delivering exceptional efficiency for next-generation wearable devices.

In a major collaboration, DPVR, one of China’s most prominent VR brands, will debut its latest standalone VR model, the P2 Vision, at CES 2025. The P2 Vision incorporates Ganzin’s AURORA IIS solution, enabling precise, real-time eye-tracking capabilities that enhance user interaction, gaze-based control, and immersive experiences.

Visitors to CES 2025 are invited to experience the P2 Vision and Ganzin’s innovative eye-tracking technology in action. Live demonstrations will be held at the DPVR booth (LVCC, Central Hall – 15945), where attendees can get a hands-on look at the future of VR interaction. The P2 Vision will also be available for order starting at CES 2025, marking a new era for VR accessibility and functionality.

“The AURORA IIS marks a major breakthrough in eye-tracking technology,” said Dr. Shao-Yi Chien, CEO of Ganzin. “Our ultra-compact, energy-efficient solution is tailored to meet the demands of VR, AR, and wearable device manufacturers. We also offer flexible customization of eye camera placement to integrate with our clients’ industrial design (ID) requirements.”

Ganzin will have a private suite at the Westgate Hotel during CES 2025. To learn more about our AURORA IIS solution or to schedule a private demonstration, please reach out to our contact listed below.

Media Contact: Martin Lin
Business Development Manager
Ganzin Technology Co., Ltd.
Email: martin.lin@gnainz.com.tw 

About Ganzin

Ganzin is a global leader in eye-tracking technology, delivering advanced, compact, and energy-efficient solutions for next-generation wearable and immersive devices. The company’s vision is to make human-machine interaction more intuitive and accessible to everyone, enabling smarter and more responsive user experiences for consumers.

About DPVR

DPVR is a leading virtual reality technology company based in China, renowned for its development of user-friendly, high-performance VR headsets. Committed to bringing immersive experiences to the masses, DPVR continues to push the boundaries of VR technology and innovation.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ganzin-unveils-revolutionary-aurora-iis-eye-tracking-solution-at-ces-2025-302339520.html

SOURCE Ganzin Technology

Continue Reading

Technology

Eddid Financial Partners with HKBU for the Third Consecutive Year to Establish 10th Anniversary Scholarship

Published

11 minutes ago

on

December 27, 2024

By

HONG KONG, Dec. 27, 2024 /PRNewswire/ — Building on successful collaborations with the School of Oriental and African Studies (“SOAS”) at the University of London, Hong Kong University of Science and Technology, The Hong Kong Polytechnic University, and City University of Hong Kong, Eddid Financial (the “Group”) announces its partnership with Hong Kong Baptist University (“HKBU”). The Group and HKBU have, together, established the “Eddid Financial 10th Anniversary Scholarship” for the 2024/25 academic year to recognize students who excel academically and contribute outstandingly to social service.

Over the past three years, the Group has engaged in various initiatives with HKBU, including the establishment of social service scholarships, fintech research projects, and internship programs. As Edidd Financial approaches its 10th anniversary in 2025, this new scholarship underscores their commitment to deepening collaboration. This “Eddid Financial 10th Anniversary Scholarship” will reward third-year undergraduate students from the business school who demonstrate academic excellence and a dedication to community service, inspiring more students to strive for success while giving back to society.

The Group is deeply committed to nurturing the next generation of talent and looks forward to supporting those who pursue excellence and are passionate about serving the community in the future academic year. Eddid Financial will also maintain close communication and collaboration with HKBU to support its teaching and research efforts, contributing to sustainable development in society.

About Eddid Financial

Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating cutting-edge artificial intelligence technologies and other latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and virtual assets. Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions.

Members of the Group hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (“RA”) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned U.S. broker-dealer subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC), and the Nasdaq Stock Market LLC (NQX), and is a registered broker dealer with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/eddid-financial-partners-with-hkbu-for-the-third-consecutive-year-to-establish-10th-anniversary-scholarship-302339531.html

SOURCE Eddid Financial

Continue Reading

Technology

JinkoSolar Announces Results of 2024 Annual General Meeting

Published

1 hour ago

on

December 27, 2024

By

SHANGRAO, China, Dec. 27, 2024 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that all shareholders resolutions proposed at the Company’s 2024 annual general meeting held today were duly passed. Specifically, the Company’s shareholders passed the following resolutions approving:

The re-election of Mr. Xianhua Li as a director of the Company;The re-election of Mr. Steven Markscheid as a director of the Company;The ratification of the appointment of Mr. Gang Chu as an independent director of the Company and the re-election of him as an independent director of the Company;The ratification of the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors of the Company for the fiscal year of 2024;The authorization of the directors of the Company to determine the remuneration of the auditors of the Company; andThe authorization of each of the directors of the Company be authorized to take any and all action that might be necessary to effect the foregoing resolutions 1 to 5 as such director, in his or her absolute discretion, thinks fit.

 About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams  in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of September 30, 2024. To find out more, please see: www.jinkosolar.com

For investor and media inquiries, please contact:

In China:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com 

Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com  

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

View original content:https://www.prnewswire.com/news-releases/jinkosolar-announces-results-of-2024-annual-general-meeting-302339506.html

SOURCE JinkoSolar Holding Co., Ltd.

Continue Reading

Trending