Canada has set April 2015 as the date for auctioning off another set of airwaves for wireless use, structuring the rules in a way designed to boost competition and lower consumer prices, Industry Minister James Moore said on Friday.The announcement on details of the 2500 megahertz auction comes as the Conservative government prepares to open the bidding process for the 700 Mhz spectrum on Tuesday.The rules for both auctions limit the amount of spectrum the dominant three telecoms players - Rogers Communications Inc , Telus Corp and BCE Inc - can acquire in a bid to encourage at least four providers in every region of the country."What's important for Canadians to know about the 2500 megahertz auction is that it features rules that are specifically designed to put consumer interests first, including spectrum caps and smaller geographic license areas," Moore told a news conference in Vancouver.
BCE Inc. is a communications company, providing residential, business and wholesale customers with a range of solutions to all their communications needs. Shares of BCE traded higher by 1.39% or $0.58/share to $42.30. In the past year, the shares have traded as low as $38.72 and as high as $48.06. On average, 581375 shares of BCE exchange hands on a given day and today's volume is recorded at 796138.
BCE Inc. is a communications company, providing residential, business and wholesale customers with a range of solutions to all their communications needs. Shares of BCE traded higher by 1.77% or $0.8/share to $46.07. In the past year, the shares have traded as low as $40.58 and as high as $48.90. On average, 1180170 shares of BCE.TO exchange hands on a given day and today's volume is recorded at 1191681.
Rogers Communications Inc. (RCI) is a diversified public communications and media company. Shares of RCI remained unchanged at $43.33. In the past year, the shares have traded as low as $38.32 and as high as $51.98. On average, 321329 shares of RCI exchange hands on a given day and today's volume is recorded at 248690.
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