Wireless companies’ spectrum gains could have lasting effect on 5G quality, pricing – Arrow Lakes News

December 11th 2023

Canada’s recent spectrum auction awarded telecom companies 4,099 spectrum licences

As an underdog in Canada’s recent spectrum auction, Execulink Telecom Inc. CEO Ian Stevens acknowledged that “inexperience and budget” were working against his company compared with some of the bigger players.

The event, which spanned a month, featured 22 telecom providers bidding on licences for wireless spectrum, the electromagnetic frequencies that enable smartphone communications.

When it wrapped up late last month, Canadian wireless companies had collectively spent about $2.1 billion on chunks of 5G bandwidth in the federal government’s most recent spectrum auction. Though cellphone owners don’t often think about these technicalities, experts say the results could affect future prices and the quality of their mobile phone and internet plans.

Read More: https://www.arrowlakesnews.com/national-news/wireless-companies-spectrum-gains-could-have-lasting-effect-on-5g-quality-pricing-7282911