VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/12/15 — The CRTC (Canadian Radio-Television and Telecommunications Commission) has reported that Uniserve Communications Corporation (TSX VENTURE: USS) (the “Company”) will be added to the list of registered exempt Broadcast Distribution Undertakings (BDUs) upon notice by the Company that it is prepared to commence IPTV operations. Following submission of a BDU to the CRTC last fall, the Commission determined it would broaden the exemption order for terrestrial BDUs with fewer than 20,000 subscribers, thus allowing Uniserve to implement its IPTV strategy. Once the Company reaches 20,000 subscriptions to its IPTV service, it will then apply for a standard BDU regional license.
Uniserve is also pleased to announce that the CRTC has implemented measures to ensure competition among companies offering broadband internet services. These measures mandate that the large incumbent companies must make their optical fibre facilities, including fibre-to-the-home, available to all service providers.
Following an extensive review, the CRTC found that the large service providers possess significantly centralized market power in the provision of wholesale high-speed internet services. As a result of this review, the CRTC is requiring that large service providers can no longer shut out competition and must instead make these services available to competitors such as Uniserve. This decision will foster competition and provide Canadians with more choice and services at reasonable prices.
Until this recent decision by the CRTC, large cable and telecom companies were able to deny access to smaller regional companies wishing to compete with them in providing services over the incumbents– fibre optic architecture, effectively creating a monopolistic environment that did not allow the consumer to choose their own service provider. The changes in these standards will allow Uniserve to provide more flexible options for its current and future customers.
This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
Michael C. Scholz, Chairman of the Board
Uniserve Communications Corporation (TSX VENTURE: USS) is an industry leader in the integration and delivery of voice, data and cloud computing services to businesses and retail consumers throughout Canada. For more information about Uniserve, its products and services please visit .
For more information please contact us at , or visit .
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this News Release. Management has prepared this release and no regulatory authority has approved or disapproved the information contained herein. The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management–s estimates, assumptions and projections using available information. Uniserve cautions that actual financial results could differ materially from the current expectations due to a number of factors.
Contacts:
Corporate Relations:
604-395-3922
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