News

Shaw not bidding in upcoming wireless spectrum auction

Shaw not bidding in upcoming wireless spectrum auction
Business
OTTAWA - Freedom Mobile and its parent Shaw Communications Inc. will not participate in a crucial upcoming wireless spectrum auction that’s to be held later this year.

The information is contained in an official list of applicants released by the federal department that co-ordinates the auctions, which are vital to wireless communications.

Freedom and Shaw’s names are missing from the list, which was released following a Tuesday deadline for applications.

The list does include the three biggest wireless providers — Rogers, Bell and Telus — as well as some smaller candidates.

Freedom has been Canada’s fourth-largest wireless provider and an important competitor to the Big Three in terms of price..

But Rogers Communications Inc. wants to buy Shaw and Freedom in a $26-billion deal in mid-March that will require regulatory approvals.
Read more on Toronto Star
News Topics :
Similar Articles :
Business
TORONTO Freedom Mobile and its parent Shaw Communications Inc. will not participate in a wireless spectrum auction deemed crucial for the development of 5G networks. The two companies do...
Business
Ottawa hopes to continue its support for challengers to Canada s Big Three cellular carriers by reserving a swath of airwaves for smaller players in an upcoming auction of wireless...
Business
MISSISSAUGA, Ont. The rules for the federal government’s 2020 wireless spectrum auction are expected to be revealed this afternoon, setting the stage for next year’s bidding war between Canada’s...
Top Stories
Pierre Karl Péladeau says the sale of Freedom Mobile to Rogers Communications Inc. would harm competition in the wireless sector and suggested his own company could be a buyer if...
Canada
Rogers Communications will spend $1.72 billion to acquire spectrum licences from the federal government, making it by far the biggest spender in a hard fought auction that pitted Canada’s wireless companies...