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Gold/Mining/Energy : CALL NET ENTERPRISES (T-CN.B $11.25)Big upside potential

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To: DeplorableIrredeemableRedneck who wrote (645)	12/24/2002 11:37:35 AM
From: Natedog	Read Replies (1) of 652

2002-12-24 03:48 PT - In the News The Globe and Mail reports in its Tuesday, Dec. 24, edition that the Canadian Radio-television and Telecommunications Commission has cut prices competitors have to pay entrenched phone companies for access to parts of their local networks. The Globe's Dave Ebner writes that the regulator issued an interim decision Monday to provide cost relief -- retroactive to June 1 -- on so-called competitive digital network access. Rather than paying retail or near retail rates, competitors will now only have to pay cost plus 15 per cent. BCE's Bell Canada said the interim rates were "almost a minor procedural decision" following the CRTC's May price-cap decision. Competitors were pleased. Call-Net Enterprises chief executive officer Bill Linton said: "These are positive steps and we're encouraged. We hope this is a trend." Mr. Linton said Call-Net's Sprint Canada should save $20-million to $25-million annually because of the commission's latest decision, bringing total savings this year from regulatory relief to about $45-million. Telus expressed disappointment with the decision called it "premature."

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