Colba.Net, a competitive business and residential service provider, is ready to attack incumbent telco Bell Canada (NYSE: BCE) and cable giant Videotron in Montreal with a $20 per month double-play broadband Internet and IPTV service bundle.
The Canadian Radio and Telecommunications Commission (CRTC) approved Colba.Net's application for a Class 1 broadcasting license last October that covers about 400,000 homes in the Montreal area.
Describing itself as the "the Wal-Mart" of telecom services, Colba.Net believes it can battle both Bell Canada and Videotron with its low priced IPTV service that includes mix of high definition channels in addition to unlimited internet access and access to online services like Netflix and Apple TV.
Customers that sign up for the Colba.Net bundle will pay $20 per month for a 12-month, fully paid upfront subscription.
Colba.Net's move to battle Bell Canada comes at a time when the incumbent is not only increasingly ramping up its own IPTV service base, but is also expanding its content base by purchasing broadcaster CTV.
For more:
- The Wire Report has this article
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