December 21, 2016 / 9:10 PM / 8 months ago

Canada's telecom regulator makes broadband a basic service

GATINEAU, Quebec, Dec 21 (Reuters) - Broadband internet access will be considered a basic service in Canada, the country's telecom regulator said on Wednesday, setting a higher target for download speeds and creating a fund that could see providers paying more to help meet those goals.

The Canadian Radio-television and Telecommunications Commission (CRTC) said it was establishing a new fund that providers will pay into that will invest C$750 million over five years to build or upgrade broadband infrastructure with a focus on improving access in underserved areas. (Reporting by Leah Schnurr; Editing by Alan Crosby)

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