According to the CRTC’s monitoring report, the Ontario phenomenon of municipal electric utility companies in the telecom business may have peaked.
Table 3.1.1 of the report shows revenues having peaked in 2003 at $132.3M, declining to $95.5M in 2004 and only $68.5M in 2005. That seems to indicate a 50% drop in sector revenues in only 2 years.
Is this a reporting problem from the CRTC or is this an indication that utilities are changing their minds about the attraction of telecom?
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monitoring report, CRTC, Utelco, electric utility telecom