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Canada loosens foreign carrier rules, vows 4G for newcomers

Canada loosens foreign carrier rules, vows 4G for newcomers Created by MG3 on Mar 15, 2012

The Canadian government has issued several long awaited decisions that will alter that country's telecommunications landscape. It has announced that it will open up greater ownership of Canadian telecom providers by foreign investors. It will also set aside 25 percent of an upcoming auction of prime spectrum for smaller carriers.
In its first policy decision announced today, the Conservative government's Industry Minister, Christian Paradis, indicated that regulators would allow more than a 46.7 percent in a wireless, Internet or landline provider. The investments however, would be restricted to greater ownership in a company which held a market share of 10 percent or less. This effectively ... »read more

More at: Electronista Add additional source

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