Videotron moves to challenge Big Three telcos in spectrum auction

    Quebecor CEO Pierre Karl Peladeau in Quebec in April 2019. The Canadian Press/Adrian Wyld

    Videotron is making a play to increase competition for your smartphone business, while Telus’s CEO says that next-generation spectrum is so expensive in Canada that it’ll mean worse service or higher prices. In an auction that will shape the market for 5G services for a generation, the two firms and other providers agreed to pay the federal government $8.9 billion for slices of the wireless spectrum they need.

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