AWS: Quebecor to invest $500 million

MONTREAL - Quebecor Media CEO Pierre Karl Peladeau said Wednesday evening in a quickly arranged press conference that his company will definitely participate in the advanced wireless spectrum auction and will spend $500 million to build a broadband wireless network in Quebec – and will consider taking it national, too. "This policy in favour of greater competition will translate into better technology, more services and lower prices for Canadian consumers," said Peladeau. "As a content company, Quebecor Media (which owns broadcasters TVA and SunTV, the Sun Media group of newspapers, Canoe.ca and a number of other media outlets) is engaged...