Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Canada’s Moore Says Telecom Companies Must Use Or Lose Spectrum

Nov. 14 (Bloomberg) -- Canadian Industry Minister James Moore said telecommunications companies that acquired wireless spectrum between 2004 and 2009 must use the airwaves or lose their licence.

The licences, which cover the 2300 Megahertz and 3500 Megahertz spectrum bands, are up for renewal in March.

“Our government will only renew spectrum licences for those holders that have met all conditions of licence,” Moore said today in a statement. “Those that have not used the spectrum will lose it.”

Link to Company News:{BCE CN <Equity> CN <GO>} Link to Company News:{MBT CN <Equity> CN <GO>} Link to Company News:{QBR/B CN <Equity> CN <GO>} Link to Company News:{RCI/B CN <Equity> CN <GO>} Link to Company News:{SJR/B CN <Equity> CN <GO>} Link to Company News:{T CN <Equity> CN <GO>}

To contact the reporter on this story: Andrew Mayeda in Ottawa at amayeda@bloomberg.net

To contact the editor responsible for this story: Theophilos Argitis at targitis@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.