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Shares of Canada telecom majors climb after Wind leaves wireless auction

14
Jan
2014

Shares of Canadas top telecom providers, BCE Inc, Rogers Communications and Telus Corp, all climbed on Tuesday after Globalives Wind Mobile withdrew from a major Canadian auction of wireless spectrum. Globalives decision to bail out of the auction dealt a blow to the Canadian governments efforts to spur competition in the sector and boosted the prospects of the three big players that dominate the countrys telecom sector.

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