Canadian Government Reserves Spectrum for Newcomers

Moments ago, Industry Minister Jim Prentice announced that a portion of the spectrum up for auction next spring will be reserved for industry newcomers.

The move, along with other factors such as the impact of the iPhone and yesterday's announcement by Verizon will lead to increased competition and lower prices for consumers. To date, Canadians wireless rates have been higher than similar services in the United States and Europe.

The Canadian telecom market is currently led by Rogers, Telus and Bell.

Rick McCharles
Telecom Consultant, Toronto
RIC Services
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