As the Canadian Radio and Telecommunications Commission's (CRTC) new broadband wholesale rules go into place, competitive broadband provider TekSavvy is being forced to increase its broadband service prices.
Under the service provider's new pricing regime, the service provider will up the prices of its DSL and cable-based services by almost 15 percent beginning on February 2nd.
In an effort to cushion the blow for their 300 GB DSL customers, TekSavvy said that while the service costs will rise, they added that they will be "the first in the industry to offer unlimited off-peak bandwidth" because the meter will not run between the hours of 2 am and 8 am.
But for those customers that are willing to pay a premium price, the service provider will offer cable and DSL unlimited usage plans.
On the cable side, customers will have three options for unlimited bandwidth, including a 3 Mbps, 12 Mbps; and 24 Mbps tier. Likewise, DSL users that want unlimited bandwidth will have four main options: 6 Mbps, 12 Mbps, 16 Mbps and 25 Mbps.
Despite the price increases, TekSavvy maintains in a letter to its customers that it is "actively pursuing remedies at all levels to head off the additional dramatic cost increases that this model will impose on Internet users over time."
Year in review 2011: Usage Based Billing (UBB) will punish all broadband users
Diffraction Analysis: Usage caps may punish wrong users
CRTC sets new wholesale ISP billing model based on capacity, not volume
Bell Canada's TV service growth helps drive Q3 revenues to $4.83B