Canada’s Wind Mobile is close to breaking even on a cash-flow basis and expects to turn a profit by 2015, its CEO said on Tuesday, improving its chances of raising much-needed capital as it strives to become the country’s fourth national wireless carrier.
Canada’s telecom industry appears skeptical that the federal government can really provide consumers with lower prices and more innovation in wireless communications by supporting new competitors and restraining the power of the bigger carriers.
Canada’s cellular players are preparing to compete for spectrum licences in the public auction that gets underway next Tuesday, but the market for spectrum north of the border is decidedly cooler.
Canada’s 700 MHz spectrum auction is a week away, here are the eleven companies deciding our wireless future.
The upcoming 700 MHz spectrum auction — what some call the “beachfront property” of wireless — is happening in exactly one week, on January 14th, 2014. This sought-after spectrum can easily reach remote areas (with fewer cell sites), is cheaper for carriers to deploy, and has the ability to penetrate through thick walls into buildings, reducing dead spots.
Canada is being left behind in innovation in the wireless sector because lack of wholesale access to broadband networks, says the owner of a U.S. system that charges its customers an average of $21 US a month. Toronto-based firm offers U.S. cell service for $21 a month, but can’t buy bandwith here
Canada’s Competition Bureau said on Friday it would allow Canadian telecom company Telus Corp to buy all of struggling startup Public Mobile. Industry Minister James Moore had approved the sale last month, saying it would not hurt consumers. The Conservative government is eager to boost competition in the wireless sector.
The Egyptian billionaire investor who originally bankrolled Wind Mobile says he is “finished with Canada” after Ottawa blocked his bid to buy Allstream over unspecified “national security concerns.”
When Canada blocked the sale of a fiber optic network to a company backed by an Egyptian telecom tycoon this week, it telegraphed its resolve to make national security paramount when considering whether to allow a foreign firm to acquire what it considers a strategic asset.
It’s not every day that Industry Canada goes on a campaign against a major industry. And it’s certainly not every day that it happens under a Conservative government. But the department’s new public relations campaign, More Choice, is a frontal attack on the Big Three wireless companies, and the claims they have been making in public about Canada’s wireless industry.
It all began with Verizon Wireless’s rumored entry into the Canadian cell phone market. The federal government played its role as auctioneer, offering up broadcasting rights across the great Canadian plains to the highest bidder.