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Friday, Jun 28
The Canadian government says it will review all carrier spectrum transfers, a decision that...
The Canadian government says it will review all carrier spectrum transfers, a decision that appears spurred by recent spectrum purchase deals (I, II) from Rogers (RCI +1.3%) and Telus (TU +2.9%). The decision comes shortly after the government blocked Telus' attempt to buy smaller rival Moblicity; Moblicity's spectrum was the main prize in that deal. Rogers, Telus, and BCE (BCE +2.8%) are all trading higher today after slumping earlier this week on a report Verizon had bid $700M for Wind Mobile.