3500 MHz auction supports more competition, better coverage and faster deployment of 5G technologies for Canadians
Results of the 3500 MHz auction increased spectrum holdings of small and regional providers by over 50% across the country
OTTAWA, ON, July 29, 2021 /CNW/ - Innovation, Science and Economic Development Canada
Canadians rely on wireless services for work, school, finances and health care, making access to high–quality and affordable services essential. That is why the Government of Canada is making spectrum available to encourage competition, improve rural connectivity and ensure the effective deployment of 5G technologies.
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced that Canadians will benefit from higher-quality telecom services at competitive prices as a result of the 3500 MHz spectrum auction that concluded on July 23, 2021.
In total, 1,495 out of 1,504 available licences were awarded to 15 Canadian companies, including 757 licences to small and regional providers across the country. In all 172 service areas, there is now at least one small or regional provider holding spectrum for the purpose of deploying new services to Canadians. Together, these small and rgional providers have increased their total mobile spectrum holdings by over 50%, strengthening their ability to offer competitive services. In addition to encouraging competition, the results of this auction will improve Canada's high-quality networks in every part of the country.
"The 3500 MHz auction is a key step in our government's plan to promote competition in the telecom sector, improve rural connectivity, and ensure Canadians benefit from 5G technologies and services. As intended, small and regional providers have gained access to significantly more spectrum, meaning that Canadians can expect better wireless services at more competitive prices, which has never been more important for working, online learning and staying connected with loved ones."
– The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry
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SOURCE Innovation, Science and Economic Development Canada
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