3800 MHz wireless spectrum auction – Quebecor and Videotron invest nearly $300 million to move forward with Canadian expansion ...Middle East

MONTRÉAL, Nov. 30, 2023 /CNW/ – Following through on their commitment to offer Canadian consumers more choice by building out one of the country’s most powerful and reliable wireless networks, Quebecor and Videotron have announced a $299 million investment to acquire 305 blocks of spectrum in the 3800 MHz band. This major addition to Quebecor’s spectrum portfolio, made at the conclusion of Innovation, Science and Economic Development Canada’s latest auction, brings its total investment in the 3500 and 3800 MHz bands, both essential for 5G technology, to over $1.1 billion. “This latest investment is perfectly in line with our business plan, which is focused on continuing to offer Canadians

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