I read the Globe & Mail online at breakfast most mornings. A lot of the financial news brings me screaming back to reality – gas prices, hydro prices all skyrocketing. And now the two Koreas exchanging mortar fire with civilian casualties in the South.
An article in the business section stood out:
“It is called the real estate of the telecommunications business. Wireless spectrum, the regulated airwaves over which an increasing amount of the world’s data flows, is a key source of profit for the industry and brings in billions to the federal treasury when it is sold off.”
Make no mistake about it. Last September’s incursion by Industry Canada into our “airwaves” is part of the big picture here. We, as amateurs don’t own this valuable commodity and the Government of Canada has its eye on all of these underused frequencies. RAC or any organized voice we think we may have will be useless once buyers are found and they are shopping NOW for underused spectrum. The telecom industry will gladly pay the exorbitant prices the GOC is asking – it helps pay down the deficit and will keep our cell phone bills the most expensive in the world.