Prices for wireless and home internet services declined in 2022, ISED’s (Innovation, Science and Economic Development Canada) Price Comparison Study of Telecommunications Services, revealed.
The 15th edition of this annual study, released last week, compared the prices of telecommunications services within Canada, as well as internationally with the U.S and six other countries.
For the study, data about prices was collected from incumbent telephone and cable companies (including their flanker brands), as well as MVNOs (mobile virtual network operators), regional wireless market providers, and wholesale based competitors. The surveyed companies included Bell, TELUS, Rogers, Shaw, PC Mobile, TekSavvy, Freedom and more.
The report revealed that Canada’s wireless prices fell by an average of 2.6 per cent across all levels, with declines up to 16 per cent for the largest data plans in 2022. For home internet, prices declined or were stable, and an 11 per cent decrease was recorded for mid-range plans.