Canada minister to make telecoms announcement

Wed Mar 14, 2012 1:41pm EDT
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OTTAWA (Reuters) - Canadian Industry Minister Christian Paradis will make an announcement about the telecoms sector at 4:15 p.m.(2015 GMT) on Wednesday.

A government advisory on the announcement did not disclose the topic. But Paradis has been working on new guidelines for the telecoms sector, specifically whether to raise limits on foreign investment in telecommunications companies, and plans for an eventual auction of 700 MHz wireless spectrum.

(Reporting by Randall Palmer; editing by Janet Guttsman)