NEWS
 
Major players begin bidding for cellphone waves
Experts say the 700 megahertz waves up for auction are highly prized
1 0

Bidding for a coveted piece of Canada's wireless market starts today.

Experts say the 700 megahertz waves up for auction are highly prized, because they let cellphone signals travel longer distances and can penetrate buildings and tunnels where calls are often dropped.
    
Ten players are in the bidding, including the big three telecom companies -- Bell, Rogers and Telus.
    
The others include regional bidders such as Quebecor's Videotron, MTS in Manitoba, Saskatchewan Telecommunications and Bragg Communications, which operates EastLink in Atlantic Canada.
    
However, Wind Mobile's parent, Globalive Communications, has pulled out due to a lack of funds -- a decision Industry Minister James Moore has reportedly called a private business decision.
    
Once the bids are submitted, it is expected to be weeks before Industry Canada discloses who won licences and how much they paid for them.
    
The previous auction in 2008 for different spectrum raised 4.3-billion dollars, but experts say lack of new competition means this auction won't likely raise as much.
    
Hopes for foreign competitors to shake up the industry were dashed last September when U-S giant Verizon dropped the idea of expanding into Canada.

Leave a comment:

showing all comments · Subscribe to comments
  1. john posted on 01/14/2014 11:35 AM
    if i was ruing the company and i wanted moved into Canada i would have gone in there no matter what . i would give the other company s the finger and keep going .
showing all comments

DON'T MISS

IN-DEPTH & INTERACTIVE

TICKETS ON SALE NOW!

TED RADIO HOUR

Welcome to TED Radio Hour hosted by Guy Raz, Saturdays at 6pm and Sundays at 7pm

 
1 0

Bidding for a coveted piece of Canada's wireless market starts today.

Experts say the 700 megahertz waves up for auction are highly prized, because they let cellphone signals travel longer distances and can penetrate buildings and tunnels where calls are often dropped.
    
Ten players are in the bidding, including the big three telecom companies -- Bell, Rogers and Telus.
    
The others include regional bidders such as Quebecor's Videotron, MTS in Manitoba, Saskatchewan Telecommunications and Bragg Communications, which operates EastLink in Atlantic Canada.
    
However, Wind Mobile's parent, Globalive Communications, has pulled out due to a lack of funds -- a decision Industry Minister James Moore has reportedly called a private business decision.
    
Once the bids are submitted, it is expected to be weeks before Industry Canada discloses who won licences and how much they paid for them.
    
The previous auction in 2008 for different spectrum raised 4.3-billion dollars, but experts say lack of new competition means this auction won't likely raise as much.
    
Hopes for foreign competitors to shake up the industry were dashed last September when U-S giant Verizon dropped the idea of expanding into Canada.

Leave a comment:

showing all comments · Subscribe to comments
  1. john posted on 01/14/2014 11:35 AM
    if i was ruing the company and i wanted moved into Canada i would have gone in there no matter what . i would give the other company s the finger and keep going .
showing all comments

Top stories

One car was crushed as a dump truck collides with at least 2 vehicles on Highway 27, near Humber College