Innovation Canada (ISED) released the results of its 2018 residual spectrum auction Friday, with Cogeco Inc. ending up as the big spender. The Montreal-based telecom picked up seven paired and 16 unpaired licenses in the 2300 MHz and 2500 MHz bands in its operating areas of eastern Ontario and southern Quebec. The company shelled out $24.3 million, according to ISED’s website, covering a population area of 5.41 million. It previously won 12 bids worth $25,000 in the 2300 MHz and 3500 MHz residual auction beginning in 2004, the ISED website said. In a Friday press release, Cogeco said...
Quebecor Inc.’s Videotron has closed its spectrum sale to Shaw Communications Inc.’s Freedom Mobile, the company announced Monday. The $430-million transaction of seven 2500MHz and 700MHz licences in southern Ontario, Alberta and British Columbia was first announced in June and received regulatory approval earlier this month. “The asset sale will enable Videotron to continue investing in the development of its network in Québec and Eastern Ontario,” the company said in a press release....