Monday, October 20th8.8°C
23836
22916

Ottawa blocks sale of NextWave spectrum licences to Bell-Rogers joint venture

OTTAWA - Industry Minister James Moore has turned down the sale of 83 wireless spectrum licences by NextWave to a joint venture between Rogers Communications (TSX:RCI.B) and Bell Canada (TSX:BCE).

The joint venture, Inukshuk Wireless, was formed to build and manage a Canada-wide wireless broadband network.

Moore said the proposed licence transfer would have led to unacceptable levels of concentration of spectrum in the hands of incumbent carriers.

"We will not approve any spectrum transfer request that results in excessive spectrum concentration for Canada's largest wireless companies, which negatively affects competition in the telecommunications sector," Moore said in a statement.

Bell said it had planned on using the NextWave spectrum as part of its long-range LTE rollout in rural and remote areas.

"We'll adjust and foresee no impact on Bell's overall LTE expansion program," Bell spokesman Jacqueline Michelis said in an email.

"We acquired significant 700 MHz spectrum in the recent auction that we look forward to employing for rural buildouts."

Rogers said the decision doesn't affect its plans to roll out 4G LTE to more customers in areas across the country.

"We'll deploy our two contiguous blocks of 700MHz spectrum to provide faster speeds, improved quality and capacity and enhance network coverage in both rural and urban areas," said Rogers spokesman Patricia Trott.

The NextWave licences are part of the Wireless Communications Services band of the wireless spectrum which is commonly used for mobile voice and data services, including cell phone, text messaging and data.

The government estimated that if Inukshuk had been allowed to acquire the spectrum that Bell and Rogers, through the joint venture, would have increased their combined WCS spectrum holdings to 77 per cent from 29 per cent.

Earlier this month, the 2014 federal budget anounced $325-million in funding to extend Internet service to more rural areas of Canada.

The Canadian Press


Read more Business News

23041


Recent Trending




Today's Market
S&P TSX14227.68+174.71
S&P CDNX810.1318.20
DJIA16380.41263.17
Nasdaq4258.438+41.047
S&P 5001886.76+24.00
CDN Dollar0.8882+0.0017
Gold1244.50+5.50
Oil81.64+0.02
Lumber334.60-0.60
Natural Gas3.72-0.046

 
Okanagan Companies
Pacific Safety0.10-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.11+0.06
Cantex0.08+0.02
Anavex Life Sciences0.19-0.0015
Metalex Ventures0.05+0.005
Russel Metals32.35+0.87
Copper Mountain Mining1.94+0.09
Colorado Resources0.15+0.005
ReliaBrand Inc0.013-0.0028
Sunrise Resources Ltd0.060.00
Mission Ready Services0.45+0.06

 



23658

FEATURED Property
2086071#2304-2200 Upper Sundance Drive
2 bedrooms 2 baths
$289,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_



23803




Member of BC Press Council


22962