08:26:26 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,274,264
Close 2023-12-11 C$ 54.84
Market Cap C$ 50,029,120,638
Recent Sedar Documents

Globe/CP say Telus hears about "Goldilocks" spectrum

2023-12-11 06:58 ET - In the News

See In the News (C-T) Telus Corp (2)

The Globe and Mail reports in its Monday edition that telecommunications consultant Mark Goldberg says 5G on the 3,800-megahertz frequency is the "Goldilocks" of spectrum bands. A Canadian Press dispatch to The Globe quotes Mr. Goldberg saying: "It's not too low, not too high. It gives you both coverage and capacity, and it's seen as really important as people are using up far more data these days. Our 5G networks have not been as fast as the 5G networks in the U.S. and that's been blamed on just the availability of spectrum. So this option will allow the carriers pretty much to catch up to their U.S. counterparts." Companies collectively acquired 4,099 spectrum licences in the auction, according to the provisional results announced Nov. 30. Telus was awarded the most licences -- 1,430 for nearly $620-million. Bell Canada was awarded 939 licences for $518-million, followed by Rogers, which spent $475-million for 860 licences. Quebecor's Videotron, which has been seeking to solidify itself as a fourth national carrier since purchasing Freedom Mobile earlier this year, spent almost $300-million to secure 305 licences. Ottawa said the auction was an important step to promote competition in the wireless services market.

© 2024 Canjex Publishing Ltd. All rights reserved.