Business NewsTekSavvy, other independent carriers ask CRTC to reduce wholesale internet ratesUrging cheaper internetPhoto: The Canadian Press Networking cables in a server bay are shown in Toronto on Wednesday, Nov. 8, 2017. TekSavvy is part of a coalition of independent internet providers and industry associations that submitted an application to the CRTC on Thursday urging it to reconsider the decision it made in April. But the group said the CRTC approved "severely inflated" wholesale rates that are higher than the retail fibre internet prices charged by the large carriers. "Canadians were promised greater competition for fibre internet services, but these rates make competition impossible,” said Andy Kaplan-Myrth, TekSavvy’s vice-president of regulatory and carrier affairs, in a statement. "As it stands, you'll be hard pressed to convince me that Canadian consumers were better off when large (internet providers) only competed in their own backyards," he said.