Cable / Telecom News

QMI/Videotron to spend up to a billion on new wireless net

MONTREAL – Saying it will create about 1,000 new jobs, Quebecor Media and its cable and telecom division Videotron said today that they will invest between $800 million and $1 billion over four years to roll out its new wireless network. A big chunk of it has already been spent buying spectrum, however, during this summer’s advanced wireless spectrum auction when Quebecor bid $554 million to cover its home province, as Cartt.ca reported. The new High Speed Packet Access (HSPA) network should be up and running in 12 to 18 months, QMI CEO and Videotron president and CEO Robert Depatie said...