Press Release
Quebecor and Videotron invest nearly $300 million to move forward with Canadian expansion
Following through on their commitment to offer Canadian consumers more choice by building out one of the country’s most powerful and reliable wireless networks, Quebecor and Videotron have announced a $299 million investment to acquire 305 blocks of spectrum in the 3800 MHz band. This major addition to Quebecor’s spectrum portfolio, made at the conclusion of Innovation, Science and Economic Development Canada’s latest auction, brings its total investment in the 3500 and 3800 MHz bands, both essential for 5G technology, to over $1.1 billion.
November 30, 2023