Cable / Telecom News

Incentives to boost capital investment will help support arrival of 5G: CWTA

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OTTAWA – The Canadian Wireless Telecommunications Association (CWTA) is applauding new federal incentives designed to accelerate capital investment by facilities-based carriers.

The Accelerated Investment Initiative, announced earlier this week by Minister Morneau in the Fall Economic Statement, will have a positive impact not only on 5G, but on other areas of the industry which demand capital investment, including continued expansion of networks in both urban and rural areas, said CWTA president and CEO Robert Ghiz.

"Investment drives success and innovation in our industry”, said Ghiz, in a statement.  “It is critical that Canada's policies support continued innovation and investment in order to remain competitive and to ensure all Canadians have access to the latest in wireless technology and services. We are pleased Minister Morneau has recognized this, and the Accelerated Investment Initiative is a very positive step toward that goal."

www.cwta.ca