October 20, 2014
October 17, 2014
Gamercamp’s last life
October 16, 2014
John Tory is back on top in Forum Research’s latest poll
28,046 people have already cast their ballot for the city’s next mayor
Meet Mealshare, the Canadian-startup that wants to create a culture of charitable dining
Get to know to know Morgan Baskin…
Finally, Cheaper Rates! Canada Opens the Telecom Market; Wind Mobile Boycotts

Image: Mashable

On Wednesday, Ottawa liberalized the telecommunications market, opening up the door to foreign ownership and smaller players – a move that will drive rates down, and boost competition for the Canadian telecom industry.

The Harper government voted to lift restrictions on wireless, Internet and phone companies that currently hold less than 10 per cent of the market share of the $18-bln telecom sector. Lifting the ban means introducing major financial interests, and international operators to the until now closed domestic industry.
It will also allow for increased competition, and allows U.S. wireless giants such as AT&T and Verizon, to move north of the border. Currently, Canada’s wireless market is dominated by Rogers, Bell, and to a lesser degree, Telus. Experts have condemned Canada’s previously non-competitive cell phone market, and hope that the lifted restrictions will help make rates less expensive for customers.


Could ads like these be heading our way?

Industry Minister Christian Paradis said the government plans to auction off parts of the increasingly valuable 700 MHz wireless spectrum for as much as $4-bln. This airspace allows broadcasters to attain much-wider reception across the country, making it an ideal investment for mobile broadband distribution; providing wireless companies with enough bandwidth to build increasingly advanced networks.

This low frequency travels longer distances, making it even more attractive for new or existing companies looking to expand their Canadian networks.

However, the change has left smaller carriers such as Wind out in the cold. Wind executive Anthony Lacavera says his carrier will likely boycott this spectrum sale. According to Lacavera, the revised mobile structure will not allow enough MHz to be secured to ensure profitably compete with dominant players within the available market shares. That is, these new allowances may make it harder for the Wind network to secure enough sky to provide quality, competitive service for its customers.

Mobilicity, another small carrier, has no plans to protest against this spectrum auction.

“It’s good news for the Canadian wireless consumer, that’s for sure,” said Stewart Lyons, Mobilicity’s chief operating officer to the Financial Post. “It’s a real strong indication of their (the government’s) commitment to maintaining a competitive environment, which means lower prices, greater availability of technology, proliferation of devices.”

-

Joanna Adams writes the Morning Cable, and lots more, for Toronto Standard. Follow her on Twitter at ‏ @nowstarringTO.

For more, follow us on Twitter at @TorontoStandard and subscribe to our newsletter.

 

  • TOP STORIES
  • MOST COMMENTED
  • RECENT
By Dylan Freeman-Grist
October 17th, 2014
Culture Gamercamp’s last life
Read More
By Igor Bonifacic
October 2nd, 2014
Editors Pick Watch: the recently released Pan Am Games "Invade" trailer
Read More
By Igor Bonifacic
September 26th, 2014
Editors Pick John Tory and Doug Ford may have joined Ello
Read More
By Igor Bonifacic
October 2nd, 2014
Editors Pick Millionaire Doug Ford seeks unpaid interns to help with his campaign
Read More
  • No article found.
  • By Dylan Freeman-Grist
    October 17th, 2014
    Culture Gamercamp’s last life
    Read More
    By Igor Bonifacic
    October 16th, 2014
    Editors Pick John Tory is back on top in Forum Research's latest poll
    Read More
    By Igor Bonifacic
    October 16th, 2014
    Editors Pick 28,046 people have already cast their ballot for the city's next mayor
    Read More
    By JJ Wong
    October 16th, 2014
    Editors Pick Meet Mealshare, the Canadian-startup that wants to create a culture of charitable dining
    Read More

    SOCIETY SNAPS

    Society Snaps: Eric S. Margolis Foundation Launch

    Kristin Davis moved Toronto's philanthroists to tears ... then sent them all home with a baby elephant - Read More