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New media incubator sets sights on spectrum to be auctioned in January

News | 11/29/2000 5:00 am EST

New media incubator itemus Inc plans to build a new Internet-based wireless network if it’s among a handful of winners in the federal government’s radio spectrum auction, scheduled to begin January 15. The Toronto-based startup has taken a 20 per cent stake in Wispra Inc, one of the players vying to win cellular spectrum set aside in 1995 by Industry Canada for next-generation personal communications services (PCS) services. If successful, itemus CEO Jim Tobin says his company is prepared to deliver a raft of new personalized applications that could change the nature, and mobility, of online content.

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