Bell: “There’s nothing to be afraid of. Bring the competition on.”

After a few weeks informing Canadians that various government policy loopholes would not only allow a large US-based wireless carrier to control Canadian wireless spectrum, but have ‘massive consequences,” George Cope, Bell’s CEO, has declared “There’s nothing to be afraid of. Bring the competition on.”

Speaking at the annual BMO Media and Telecom Conference yesterday, Cope reiterated that Canada should have as many wireless carriers as the country can handle, plus that the current foreign investment restrictions that limit them should be lifted (any carrier that has less than 10% market share doesn’t have foreign ownership limits). Cope also noted “We have the rules the government put in. They are very advantageous to a new entrant. So how they play out during the auction, we’ll just have to see.”

The upcoming 700Mhz wirless spectrum auction is taking place in January 2014.

[source]Stockhouse [/source]