- Consumers are the big winners following the conclusion of the 700 MHz spectrum auction. Industry Minister James Moore today announced that 97 licences have been awarded to 8 Canadian companies. A fourth wireless provider obtained spectrum in every region of the country, delivering on our government's commitment to encourage more competition in Canada's wireless industry. The total revenue generated from the 700 MHz auction is $5.27 billion, the highest return ever for a wireless auction in Canada.
Through this auction, our government sought to make spectrum available in a way that would result in more competition for Canadian consumers. The auction results achieved this goal. Companies that obtained licences for these high-quality
wireless airwaves will be able to start deploying in mid-April
to provide better service to their customers on the latest technologies.Quick facts
- The outcome of the auction supports more choice for Canadians by enabling a fourth wireless player in every region of the country.
- All winning bidders, including Canada's largest wireless companies, have secured spectrum to deliver the next generation of wireless services to their customers.
... Read More