Bell, Rogers slash internet prices in bid to woo customers to faster networks
TORONTO — Two of Canada’s biggest internet providers have slashed prices by about 45 per cent in the Toronto area for their most advanced offerings, but industry observers say such skirmishes are usually short-lived and often very local.
While deep discounts and promotions are common in the internet business, IDC Canada analyst Emily Taylor said carriers are eager to sign up customers to very fast internet services such as one gigabit per second, or 1,000 megabits per second.
“I think that communication service providers are certainly banking and betting on the need for gigabit speeds at individual homes will grow and there will be a dependence on it over time,” she said in an interview.
“I think that speaks to some of the pricing trends that we’re seeing.”