Latest news with #NICI
Associated Press
02-06-2025
- Business
- Associated Press
Bell Canada and National Indigenous Connectivity Inc. to advance broadband and wireless access for rural and remote First Nations Communities
This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled 'Caution Concerning Forward-Looking Statements' later in this news release. MONTRÉAL, June 2, 2025 /CNW/ - Bell Canada and National Indigenous Connectivity Inc. (NICI) today announced a new Reconciliation Agreement with the shared goal to advance connectivity in rural and remote First Nations communities. NICI is a 100% Indigenous-owned technology company that advocates for wireless spectrum access and high-speed Internet for all First Nations. In response to the 2024 Assembly of First Nations (AFN) and Indigenous Services Canada report, Closing the Infrastructure Gap, Bell and NICI will work together to expand infrastructure and service delivery in underserved First Nations communities by 2030. This partnership builds on Bell's 2024 commitment, which affirms the company's ongoing dedication to fostering positive and mutually respectful relationships with Indigenous Peoples and communities. Bell and NICI will work collaboratively to implement their Reconciliation Agreement. As part of the agreement, Bell will work with NICI on long-term broadband and wireless deployment plans. Bell is also reaffirming its commitment that employees working with Indigenous communities complete training aligned with the Truth and Reconciliation Commission's Call to Action #92. 'Bell fully supports the National Indigenous Connectivity Inc's goal of closing the digital infrastructure gap in rural and remote First Nations communities. To close this gap, we need stable, long-term public policy and a regulatory environment that enables private sector investment in telecommunications networks. Together with NICI, we can build, grow, and connect Canadians to support continued private investment in critical network connectivity to First Nations communities.' - Michele Austin, Vice-President, Public Affairs, Bell Canada. 'Many Indigenous communities still lack reliable, high-speed internet, limiting opportunities and essential services. We believe that connectivity is a fundamental right – essential for education, economic development, healthcare, and self-determination. The National Indigenous Connectivity Initiative (NICI) is committed to advocating for all remote and rural First Nations across Canada to have access to spectrum and high-speed internet.' - Leoni Rivers, Chief Executive Officer, National Indigenous Connectivity Inc. Bell is Canada's largest communications company1, providing advanced broadband Internet, wireless, TV, media and business communication services. Founded in Montréal in 1880, Bell is wholly owned by BCE Inc. To learn more, please visit or Through Bell for Better, we are investing to create a better today and a better tomorrow by supporting the social and economic prosperity of our communities. This includes the Bell Let's Talk initiative, which promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day and significant Bell funding of community care and access, research and workplace leadership initiatives throughout the country. To learn more, please visit NICI is a national, Indigenous-led organization focused on advocacy, access to spectrum, and high-speed internet services for remote and rural First Nations communities across Canada. NICI is supported by the Assembly of First Nations and is focused on ensuring that all First Nations communities have access to the digital tools needed to thrive in the modern economy. The NICI calls for Indigenous Services Canada (ISC) to support NICI in ensuring high-speed internet solutions developed by First Nations for First Nations, dedicated federal funding to ensure long-term investment in Indigenous connectivity initiatives and training, and for ISC and Innovation, Science and Economic Development Canada (ISED) to work directly with NICI to increase Indigenous service-provider capacities, access to spectrum, market data, and policy frameworks. Bell Media Relations: [email protected] National Indigenous Connectivity Inc.: Leoni Rivers, Chief Executive Officer [email protected] Certain statements made in this news release are forward-looking statements, including statements relating to the agreement between Bell Canada and NICI intended to advance connectivity in rural and remote First Nations communities (the 'Reconciliation Agreement') and the benefits expected to result therefrom, the planned expansion of infrastructure and service delivery in underserved First Nations communities by 2030, Bell Canada's and NICI's long-term network deployment plans, and other statements that are not historical facts. All such forward-looking statements are made pursuant to the 'safe harbour' provisions of applicable Canadian securities laws and of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to inherent risks and uncertainties and are based on several assumptions which give rise to the possibility that actual results or events could differ materially from our expectations. These statements are not guarantees of future performance or events, and we caution you against relying on any of these forward-looking statements. The forward-looking statements contained in this news release describe Bell Canada's expectations at the date of this news release and, accordingly, are subject to change after such date. Except as may be required by applicable securities laws, Bell Canada does not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. Forward-looking statements made in this news release, including the planned expansion of infrastructure and service delivery in underserved First Nations communities by 2030, Bell Canada's and NICI's long-term network deployment plans, and the benefits expected to result from the Reconciliation Agreement, are subject to certain risks and uncertainties and are based on certain assumptions including, without limitation, the prevailing regulatory environment as well as the availability of sufficient equipment, labour and capital. Accordingly, there can be no assurance that the planned expansion of infrastructure and service delivery in underserved First Nations communities by 2030, as well as Bell Canada's and NICI's long-term network deployment plans, will be completed, or that the benefits expected to result from the Reconciliation Agreement will be realized. For additional information on assumptions and risks underlying certain of our forward-looking statements made in this news release, please consult BCE Inc.'s (BCE) 2024 Annual MD&A dated March 6, 2025, BCE's 2025 First Quarter MD&A dated May 7, 2025 and BCE's news release dated May 8, 2025 announcing its financial results for the first quarter of 2025, filed with the Canadian provincial securities regulatory authorities (available at and with the U.S. Securities and Exchange Commission (available at These documents are also available at SOURCE Bell Canada (MTL)
Cision Canada
02-06-2025
- Business
- Cision Canada
Bell Canada and National Indigenous Connectivity Inc. to advance broadband and wireless access for rural and remote First Nations Communities Français
Joint agreement aims to close the digital infrastructure gap for high-speed Internet and wireless services in underserved First Nations communities Both organizations call on the CRTC to reverse its policy that discourages private sector investment in broadband network expansion Agreement builds on Bell's ongoing commitment to reconciliation with Indigenous Peoples and First Nations communities This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Concerning Forward-Looking Statements" later in this news release. MONTRÉAL, June 2, 2025 /CNW/ - Bell Canada and National Indigenous Connectivity Inc. (NICI) today announced a new Reconciliation Agreement with the shared goal to advance connectivity in rural and remote First Nations communities. NICI is a 100% Indigenous-owned technology company that advocates for wireless spectrum access and high-speed Internet for all First Nations. In response to the 2024 Assembly of First Nations (AFN) and Indigenous Services Canada report, Closing the Infrastructure Gap, Bell and NICI will work together to expand infrastructure and service delivery in underserved First Nations communities by 2030. This partnership builds on Bell's 2024 commitment, which affirms the company's ongoing dedication to fostering positive and mutually respectful relationships with Indigenous Peoples and communities. Bell and NICI will work collaboratively to implement their Reconciliation Agreement. As part of the agreement, Bell will work with NICI on long-term broadband and wireless deployment plans. Bell is also reaffirming its commitment that employees working with Indigenous communities complete training aligned with the Truth and Reconciliation Commission 's Call to Action #92. Quote "Bell fully supports the National Indigenous Connectivity Inc's goal of closing the digital infrastructure gap in rural and remote First Nations communities. To close this gap, we need stable, long-term public policy and a regulatory environment that enables private sector investment in telecommunications networks. Together with NICI, we can build, grow, and connect Canadians to support continued private investment in critical network connectivity to First Nations communities." - Michele Austin, Vice-President, Public Affairs, Bell Canada. "Many Indigenous communities still lack reliable, high-speed internet, limiting opportunities and essential services. We believe that connectivity is a fundamental right – essential for education, economic development, healthcare, and self-determination. The National Indigenous Connectivity Initiative (NICI) is committed to advocating for all remote and rural First Nations across Canada to have access to spectrum and high-speed internet." - Leoni Rivers, Chief Executive Officer, National Indigenous Connectivity Inc. Bell is Canada's largest communications company 1, providing advanced broadband Internet, wireless, TV, media and business communication services. Founded in Montréal in 1880, Bell is wholly owned by BCE Inc. To learn more, please visit or Through Bell for Better, we are investing to create a better today and a better tomorrow by supporting the social and economic prosperity of our communities. This includes the Bell Let's Talk initiative, which promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day and significant Bell funding of community care and access, research and workplace leadership initiatives throughout the country. To learn more, please visit About National Indigenous Connectivity Inc. (NICI) NICI is a national, Indigenous-led organization focused on advocacy, access to spectrum, and high-speed internet services for remote and rural First Nations communities across Canada. NICI is supported by the Assembly of First Nations and is focused on ensuring that all First Nations communities have access to the digital tools needed to thrive in the modern economy. The NICI calls for Indigenous Services Canada (ISC) to support NICI in ensuring high-speed internet solutions developed by First Nations for First Nations, dedicated federal funding to ensure long-term investment in Indigenous connectivity initiatives and training, and for ISC and Innovation, Science and Economic Development Canada (ISED) to work directly with NICI to increase Indigenous service-provider capacities, access to spectrum, market data, and policy frameworks. _________________________________ 1 Based on total revenue and total combined customer connections. Contact: Bell Media Relations: [email protected] National Indigenous Connectivity Inc.: Leoni Rivers, Chief Executive Officer [email protected] Caution Concerning Forward-Looking Statements Certain statements made in this news release are forward-looking statements, including statements relating to the agreement between Bell Canada and NICI intended to advance connectivity in rural and remote First Nations communities (the "Reconciliation Agreement") and the benefits expected to result therefrom, the planned expansion of infrastructure and service delivery in underserved First Nations communities by 2030, Bell Canada's and NICI's long-term network deployment plans, and other statements that are not historical facts. All such forward-looking statements are made pursuant to the "safe harbour" provisions of applicable Canadian securities laws and of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to inherent risks and uncertainties and are based on several assumptions which give rise to the possibility that actual results or events could differ materially from our expectations. These statements are not guarantees of future performance or events, and we caution you against relying on any of these forward-looking statements. The forward-looking statements contained in this news release describe Bell Canada's expectations at the date of this news release and, accordingly, are subject to change after such date. Except as may be required by applicable securities laws, Bell Canada does not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. Forward-looking statements made in this news release, including the planned expansion of infrastructure and service delivery in underserved First Nations communities by 2030, Bell Canada's and NICI's long-term network deployment plans, and the benefits expected to result from the Reconciliation Agreement, are subject to certain risks and uncertainties and are based on certain assumptions including, without limitation, the prevailing regulatory environment as well as the availability of sufficient equipment, labour and capital. Accordingly, there can be no assurance that the planned expansion of infrastructure and service delivery in underserved First Nations communities by 2030, as well as Bell Canada's and NICI's long-term network deployment plans, will be completed, or that the benefits expected to result from the Reconciliation Agreement will be realized. For additional information on assumptions and risks underlying certain of our forward-looking statements made in this news release, please consult BCE Inc.'s (BCE) 2024 Annual MD&A dated March 6, 2025, BCE's 2025 First Quarter MD&A dated May 7, 2025 and BCE's news release dated May 8, 2025 announcing its financial results for the first quarter of 2025, filed with the Canadian provincial securities regulatory authorities (available at and with the U.S. Securities and Exchange Commission (available at These documents are also available at
Economic Times
20-05-2025
- Business
- Economic Times
Advertising body says opinion trading poses financial risk; seeks regulatory clarity
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The Advertising Standards Council of India (ASCI) on Tuesday warned that 'opinion trading' poses financial risks, and sought a regulatory clarity on the status of such activities. The self-regulatory body for the advertising industry said it will have to formulate advertising guidelines if opinion trading -- in which users make monetary bets on binary outcomes of real-world events -- is legally a 'white paper' that has come within a month of capital markets regulator Sebi saying opinion trading does not fall in its regulatory purview, ASCI said it has come across advertising from global and local players and influencers around opinion trading."...analysis of such posts reveals that some of these appear to be pure speculation and can pose financial risks - especially for young and financially vulnerable groups. ASCI has called for regulatory clarity on the status of such activities in India," the body advertising of such activities is not permitted then all stakeholders need to establish mechanisms to monitor any violations of the law, the ASCI white paper spotlights the current advertising practices and applicability of existing laws, as well as examines regulatory approaches to similar services in other pointed out that as per the National Initiative for Consumer Interest (NICI), opinion trading platforms have over 50 million users and transactions exceed Rs 50,000 crore opinion trading is regulated either as a financial instrument, or under gambling laws, ASCI said."Opinion trading platforms raise serious concerns as their structure and mechanics closely resemble betting in some instances, and can expose consumers to significant financial risk . The advertising that accompanies these platforms often heightens the risk, with exaggerated claims of easy winnings and false assurances of reliability," the body's chief executive and secretary general Manisha Kapoor said.
The Hindu
27-04-2025
- Business
- The Hindu
Opinion market advocates say it's a game of skill, face civil society opposition
Real money gaming firms — an industry that allows users to risk money on fantasy sports, poker, rummy and so on — are dipping their toes into prediction markets, allowing users to wager on the outcome of real world events. With this new shift, firms like Probo are trying to emulate the legal successes of other firms whose offerings have been upheld as legitimate in courts. In the past week, two papers argued that prediction markets (or 'opinion trading') are skill-based activities. If courts agree with this assessment — supported by an IIT Delhi professor-authored study commissioned by Probo and a policy paper by the Delhi-based Evam Law & Policy — then betting on real life events, long seen as a gambling, would instead be classified as gaming, hampering States' ability to curb such firms from soliciting bets from players. How it's structured Prediction markets are structured in a straightforward way: two or more groups of people wager on whether an event will happen or not, and after the platform hosting the wager takes a cut, the pooled money is distributed to the group whose prediction comes true. For instance, Probo's opinion trading platform is accepting bets on the value of Bitcoin later in the day, whether the Dow Jones composite will reach a certain value, the outcome of the next Indian Premier League match, and even the result of a match in the Pakistan Super League, which is not even streamed in India. In the Probo-commissioned paper co-authored with an employee of the company, Amitabha Bagchi, a professor of computer science at IIT Delhi, assessed that 'opinion trading is a skill-based game,' and said that data analysed from Probo supported this conclusion. The authors reasoned that characteristics that apply to games of skill — such as a 'gradient' among users, with some outperforming others consistently, and of individual players getting better over time — apply to opinion trading. A likely law? The question is likely to be settled by legislation. While betting on sports directly is regulated by States (under the 'betting and gambling' clause in the Constitution), at least three high courts have upheld the legality of daily fantasy sports, where players assemble their own rosters and teams, and real life performance impacts the outcome of their assembled rosters. It remains to be seen whether prediction markets will withstand similar legal challenges. The Bombay High Court is hearing pleas against opinion trading. While, in March, the Supreme Court directed the Gujarat HC to reconsider a PIL on the matter that it had dismissed earlier. The New Indian Consumer Initiative (NICI), a civil society group, has urged the government to ban opinion trading outright. 'Opinion trading platforms often claim to foster skillful engagement, even though their core mechanics align more with betting and gambling for two primary reasons — unpredictable outcomes outside the control or influence of the user and binary decision making,' NICI said in its representation. 'Real world events like elections or cricket matches are influenced by numerous uncontrollable factors, such as weather, voter turnout, or last-minute strategies and can lean on chance heavily. As a result, the feature of binary 'Yes/No' choice in decision-making can strip away the complexity of analysis, making outcomes akin to flipping a coin or chance.'
