Canada's 700MHz auction pushed to January 2014, Telus denied Mobilicity spectrum transfer

Oh, Canada. Just one day after we received word of the CRTC's new wireless code, Industry Canada -- its government's equivalent of the FCC -- announced further postponements of the country's pending 700MHz spectrum auction. Already delayed from the first half of this year to November, IC is pushing the auction back yet another two months to January 14th, 2014, while the application deadline has been reset for September 17th of this year. The main reason for the setback? This morning, the government denied Telus' request to transfer AWS spectrum from Mobilicity -- one of the most important factors in the potential merger of the two networks. As a result, IC decided to allow more time for the affected companies to figure out what to do next; more than likely, Telus will need the extra two months to pull an AT&T and rethink its acquisition strategy. Read the release below for a few more details behind the rationale.

Filed under: Cellphones, Wireless, Mobile

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Source: Marketwire