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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Bullboard Posts
Post by daredevil999on Oct 28, 2010 5:04pm
351 Views
Post# 17626624

CRTC implement usage based internet billing

CRTC implement usage based internet billing

Meteredinternet usage is on the way, with the CRTC handing down its finaldecision on how wholesale customers can be billed by large networkowners.

The federal regulator on Thursday gave Bell Canada the approval toimplement so-called usage-based billing to wholesale customers — usuallysmaller internet service providers that rent portions of its network —within 90 days. Under the plan, Bell will charge wholesale serviceproviders a flat monthly fee to connect to its network, and for a setmonthly usage limit per each ISP customer the ISP has.

Beyond that set limit, users will be charged per gigabyte, dependingon the speed of their connections. Customers using the fastestconnections of five megabits per second, for example, will have amonthly allotment of 60 GB, beyond which Bell will charge $1.12 per GBto a maximum of $22.50.

If a customer uses more than 300 GB a month, Bell will also be able to implement an additional charge of 75 cents per gigabyte.

CRTC grants concessions

Inits May ruling, the CRTC said Bell could not implement its usage-basedbilling system until it had moved all of its own retail customers offolder, unlimited downloading plans. The requirement would have beentroublesome for Bell because it would have meant punishing its oldestand most loyal customers.

As another condition, the CRTC also required Bell to offer towholesale ISPs the same usage insurance plan it sells to retailcustomers.

Bell appealed both requirements, saying the rules don't apply tocable companies and that they would constitute proactive rate regulationby the CRTC, which goes against the government's official policydirection that the regulator only intervene in markets after acompetitive problem has been proven.

In Thursday's decision, the CRTC rescinded both requirements, thereby giving Bell the go-ahead to implement usage-based billing.

Customers of smaller ISPs such as Teksavvy and Execulink who signedup for service before Feb. 1, 2007, will be "grandfathered," where theirunlimited usage plans will be honoured. The CRTC did, however, giveBell the right to periodically raise rates on grandfathered plans inorder to urge customers on to metered services.



Read more: https://www.cbc.ca/technology/story/2010/10/28/crtc-usage-based-billing-internet.html#ixzz13gpLOYZ8


DD
Bullboard Posts