Statement by Quebecor and Videotron on the Federal Court’s decision to dismiss Telus’ legal challenge concerning the purchase of 5G spectrum in Western Canada

MONTREAL, 22 October 2021 / CNW Telbec / – Quebecor and Videotron welcome the Federal Court’s refusal to grant Telus’ motion for an interlocutory injunction to suspend the granting of 3500 MHz spectrum licenses in Western Canada.

The tribunal:

  • considered that “Telus’ arguments are untenable and do not raise a serious problem” (paragraph 2);
  • rejected “Telus’ assertion that Videotron needed a physical infrastructure in Western Canada be eligible “(paragraph 2);
  • recognized that “the decisive factor is the public interest in fostering greater competition in the market for mobile telephone services” (paragraph 4);
  • concluded that “the weakness of Telus’ record more than outweighs any greater harm to which Telus may be exposed” (paragraph 97).

Quebecor and Videotron are disappointed with Telus’ relentless efforts to block at all costs the implementation of government policy aimed at promoting the entry of a fourth player into the from Canada wireless market to create healthy competition where it does not exist and reduce the prices Canadians pay for mobile services.

The matter now passes to the merits. The arguments of Bell and Telus, members of the oligopoly, will be heard at a future hearing in court.

The legal maneuvers of Bell and Telus demonstrate, once again, that they cannot compete and that the interests of Canadians are overshadowed by their financial goals.

About Quebecor
Quebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the industry’s most successful integrated communications companies. Driven by their determination to offer the best possible customer experience, all of Quebecor’s subsidiaries and brands are distinguished by their convergent, multiplatform and high quality products and services.

Quebec-based company Quebecor (TSX: QBR.A, QBR.B) employs more than 10,000 people in Canada.

A family business founded in 1950, Quebecor is strongly committed to the community. Each year, it actively supports more than 400 organizations in the vital areas of culture, health, education, environment and entrepreneurship.

Visit our website: www.quebecor.com
Follow us on twitter: twitter.com/Quebecor

About Videotron
Videotron, a wholly owned subsidiary of Quebecor Media Inc., is an integrated communications company engaged in television, entertainment, Internet access, wireline and mobile telephony services. Videotron is a leader in new technologies with its Helix home entertainment and management platform. From June 30, 2021, Videotron served 1,441,400 cable customers and 466,600 subscribers to its Club illico video streaming service. Videotron is also the Quebec leader in high speed Internet access with 1,810,200 subscribers to date. June 30, 2021. At the same date, Videotron had 1,530,400 subscriber connections to its mobile telephone service and served wired telephony to 872,400 Quebec households and organizations. Videotron has been ranked each year for 16 years as the most respected telecommunications company in Quebec.

Follow us on facebook
follow us on Twitter
Follow us on the web

SOURCE Quebecor Media inc.

For further information: Véronique Mercier, Vice-President, Communications, Quebecor, [email protected]

Related links

https://www.quebecor.com/


Source link

About Jimmie T.

Check Also

Business News | Stock market and stock market news | Financial news

Search for quotes, news, net asset values ​​of mutual funds A 97 (Paytm) INE982J01020, PAYTM, …