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Auction Results a Win for Fural Canadians

ID: 1358120

Internet service providers acquire more spectrum, supporting better Internet services in rural regions

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 05/12/15 -- Industry Canada

Editors'' Note: There is a map associated with this press release.

Canada''s latest spectrum auction has put more valuable spectrum-a public resource on which wireless information travels-in the hands of wireless companies in all regions of the country to deliver world-class services to Canadians.

Industry Minister James Moore today announced the list of provisional licence winners in the 2500 MHz auction. Nine companies acquired spectrum in the auction, which raised a total of $755.37 million.

Spectrum in the 2500 MHz band is ideal for providing broadband services in rural areas, and it can also deliver fast, reliable service on the latest smartphones and tablets.

With the conclusion of the 2500 MHz auction, the amount of spectrum available to provide mobile services to consumers has grown by almost 60 percent since early 2014. This is the largest amount of spectrum ever released in such a short time in Canada, allowing Canadians and their families to benefit from the latest technologies and world-class services.

The amount of commercial mobile spectrum in the hands of new competitors is now at approximately 25 percent of the total available-a massive increase from 2006, boosting competition in Canada''s wireless sector.

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"The 2500 MHz auction was a success because it was designed to put the interests of Canadian consumers first. We have kept our commitment to Canadians to put more spectrum in the hands of wireless companies, and now Canadians-especially those in rural areas-will benefit from more choice, lower prices and better service."- James Moore, Minister of Industry

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Conditional Winners in the 2500 MHz Wireless Spectrum Auction

It''s estimated that within the next five years, more than half the information on the Internet will travel over a wireless connection at some point. Wireless services require spectrum, which is the invisible infrastructure that carries our information. Spectrum has been called the oxygen of our mobile economy.





The 2500 MHz spectrum band is ideal for providing broadband services in rural areas, and it can be used to deliver fast, reliable service on the latest smartphones and tablets. Bidding in the 2500 MHz commercial wireless spectrum auction began on April 14, 2015. Eleven companies were qualified to bid in the auction, and 302 of 318 licences were awarded to nine of those participants, with a total value of $755.37 million. The revenue from this auction will be reinvested in priorities that matter to Canadians.

This auction was designed to benefit consumers and encourage competition. It featured spectrum caps and smaller geographic licence areas to ensure that four or more wireless carriers, as well as rural Internet service providers, had the opportunity to hold 2500 MHz spectrum licences in every area of the country.

With the conclusion of the 2500 MHz auction, the amount of spectrum available to provide mobile services to consumers has grown by almost 60 percent since early 2014. This is the largest amount of spectrum ever released in such a short time in Canada, allowing Canadians and their families to benefit from the latest technologies and world-class services.

The 2500 MHz and other recent spectrum auctions complement other government initiatives, such as the Connecting Canadians program and the Digital Canada 150 strategy, that are designed to make Canada a more digital and connected nation.

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Contacts:
Jake Enwright
Press Secretary
Office of the Minister of Industry
343-291-2500

Media Relations
Industry Canada
343-291-1777


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Bereitgestellt von Benutzer: Marketwired
Datum: 12.05.2015 - 06:30 Uhr
Sprache: Deutsch
News-ID 1358120
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