Call Net Enterpris (NASDAQ:CNEZF)
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Call-Net applauds long-awaited CRTC decision to lower CDNA
charges
TORONTO, Feb. 3 /PRNewswire-FirstCall/ -- Call-Net Enterprises Inc. a national
provider of residential and business communications services today applauded
the Canadian Radio-television and Telecommunications Commission's (CRTC)
decision to lower the price of competitor digital network access (CDNA)
facilities and services provided to competitive local exchange carriers. The
decision is expected to reduce carrier charges in 2005 by more than $25
million. A portion of these reductions have been granted retroactive to June
2002. This amount is estimated to be less than $10 million.
The decision, CRTC 2005-6, accepts Call-Net's position that certain digital
network access (DNA) facilities and services are essential to the promotion of
competition in the local and data service market. It further establishes the
terms, conditions and rates competitors will pay for these services.
"With today's decision, the CRTC has acknowledged our position that certain DNA
facilities are essential to the promotion of competition in the Canadian
telecommunications market for the benefit of consumers and businesses," said
Bill Linton, president and chief executive officer of Call-Net. "The decision
will allow Call-Net to make its competitive services available to a broader
customer base by investing in expanding its service areas and service offerings
to business and consumers."
Added Linton, "This is a vote of confidence for competition in this country.
The CRTC has taken yet another major step toward ensuring that businesses and
consumers benefit fully from competition in all aspects of telecommunications
and in all areas of the country."
A more detailed analysis of the impact of today's decision will be available on
Wednesday, February 23, 2005 when the Company issues its operating and
financial results for the fourth quarter of 2004 and the year ended December
31, 2004.
About Call-Net Enterprises Inc.
Call-Net Enterprises Inc., (TSX: FON, FON.NV.B) primarily through its wholly
owned subsidiary Sprint Canada Inc., is a leading Canadian integrated
communications solutions provider of home phone, wireless, long distance and IP
services to households, and local, long distance, toll free, enhanced voice,
data and IP services to businesses across Canada. Call-Net, headquartered in
Toronto, owns and operates an extensive national fibre network, has over 151
co-locations in five major urban areas including 33 municipalities and
maintains network facilities in the United States and the United Kingdom. For
more information, visit http://www.callnet.ca/ and http://www.sprint.ca/.
Note for Investors:
This news release may include statements about expected future events and/or
financial results that are forward-looking in nature and subject to risks and
uncertainties. For those statements, we claim the protection of the safe
harbour for forward-looking statements provisions contained in the Private
Securities Litigation Reform Act of 1995. The Company cautions that actual
performance will be affected by a number of factors, many of which are beyond
its control. Future events and results may vary substantially from what the
company currently foresees. Discussion of the various factors that may affect
future results is contained in the company's recent filings with the Securities
and Exchange Commission, the Ontario Securities Commission and SEDAR.
DATASOURCE: Call-Net Enterprises Inc.
CONTACT: Karen O'Leary, (416) 718-6445,