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Conclusion of 3500 Mhz Spectrum Auction - Quebecor and Videotron Take Another Step Towards Expansion Outside Quebec
Conclusion of 3500 Mhz Spectrum Auction - Quebecor and Videotron Take Another Step Toward...
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[{"type":"text","content":"\n \n \n \n Conclusion of 3500 Mhz Spectrum Auction - Quebecor and Videotron Take Another Step Towards Expansion Outside Quebec\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n MONTRÉAL,\n \n July 29, 2021\n \n /CNW Telbec/ - True to its tradition as a Canadian telecom innovation leader, Quebecor today announced an investment of nearly $830 million in the acquisition of 294 blocks of spectrum in the 3500 MHz band across the country. More than half of the investment is concentrated in four Canadian provinces outside Québec: southern and eastern\n \n Ontario\n \n ,\n \n Manitoba\n \n ,\n \n Alberta\n \n and\n \n British Columbia\n \n . The strategic investment positions Québec's flagship carrier to realize its ambition of boosting healthy competition in telecom beyond the borders of Québec.\n \n \n \"This major investment paves the way for large-scale projects in Québec and other Canadian provinces in the coming years,\" says Pierre Karl Péladeau, President and CEO of Quebecor. \"Our success in Québec has served Quebecers well. Today, we are taking another step towards bringing leading-edge technology and healthy competition to more Canadian consumers.\"\n \n \n \n Strong presence since 1964\n \n \n \n Videotron\n \n has long been a forerunner in the industry. The Quebecor subsidiary was the first to offer pick-and-pay television plans, the first to launch a video streaming service with Club illico, and most recently the first in\n \n Canada\n \n to create an all-digital telecom brand with\n \n Fizz\n \n . Videotron has invested billions over decades to create distinctive offerings and services, and to build out a reliable, powerful, robust telec...