Rogers Communications today said it is very disappointed by the CRTC’s decision to dramatically reduce the aggregated wholesale rates that third-party Internet resellers pay to access broadband networks in Canada. The final rates do not recognize the true cost of building and expanding Canada’s world-class broadband networks and will certainly impact Rogers future network investments. As a result of the CRTC decision, Rogers expects to record a charge of approximately $140 million in the current quarter to account for the retroactive impact of the lower rates.

source https://finance.yahoo.com/news/rogers-disappointed-crtc-decision-final-210257180.html?.tsrc=rss