Friday, June 28, 2013

Reuters: Regulatory News: Canada says to review all wireless spectrum transfer deals

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Reuters: Regulatory News
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Canada says to review all wireless spectrum transfer deals
Jun 28th 2013, 12:56

TORONTO, June 28 | Fri Jun 28, 2013 8:56am EDT

TORONTO, June 28 (Reuters) - The Canadian government said on Friday it will review all commercial transfers of wireless airwave licenses, including option agreements, and reject any deals that leads to undue concentration of the valuable resource.

The policy framework comes after two of Canada's biggest telecom companies - Rogers Communications Inc and Telus Corp - made moves to acquire spectrum owned by smaller operators and ahead of a auction of more airwaves that could entice Verizon Communications Inc to enter the market.

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