Canadian operator Quebecor and its subsidiary Videotron have invested nearly CAD10 million ($7.5 million) to acquire new 5G wireless spectrum licenses, in Manitoba in the 600 MHz band and in Quebec in the 3,500 MHz band, Quebecor said in a release.
The acquisition was made in the auction of residual spectrum licenses that concluded on January 25 with the announcement by the Canadian government of the tentatively accepted bids. Videotron is increasing its wireless service capacity and continuing to pave the way for the potential expansion of its wireless infrastructure outside Québec. In 2021, Videotron acquired 294 blocks of 3.5 GHz spectrum in Ontario, Manitoba, Alberta, British Columbia and Quebec at a cost of CAD830 million.
