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Ottawa raises $8 9 billion for 5G wireless licences in 3,500 MHz spectrum auction

Published Thursday, July 29, 2021 7:33PM EDT The federal government raised $8.9 billion in a licence auction for a key band of 5G wireless spectrum in results announced after the close of markets Thursday. Canada s Big Three wireless companies led the pack, grabbing hundreds of licences for the 3,500 MHz band of airwaves. The 3,500-megahertz band of spectrum will be important because carriers are using it as a building block for their 5G networks. More equipment for carriers and smartphone hardware is expected to work with that frequency band. Mid-range bands like 3,500 MHz are useful in both urban and rural areas because they have the ability to travel considerable distances and pass through buildings.

The Pulse of Entertainment: Kristen Mather de Andrade, Clarinetist, Releases Solo CD, Clarao

“I am a non-commissioned officer,” said Kristen Mather de Andrade about her role in West Point’s Army Special Band as a clarinetist. Kristen just released a solo Jazz album titled “Clarao (Of Course)” where she showcases her skills as a clarinetist and vocalist. “There is a special band in all the services. People audition for them. I won and was commissioned.” Mather de Andrade has been the principle clarinetist for the Army Special Band since 2007, so I think it’s safe to say she is a veteran in the music business. On “Clarao,” produced by Sergio Krakowski, Kristen sings in Portuguese and for some reason the sound takes me to Africa. Makes me ask myself is there a link between African music and Brazil. Her husband is Brazilian, which is the reason she said the Jazz album is in Portuguese.

Most actively traded companies on the Toronto Stock Exchange

Suncor Energy Inc. (TSX:SU). Energy. Up 61 cents, or 2.36 per cent, to $26.45 on 6.7 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up 55 cents, or 2.31 per cent, to $24.28 on 5.9 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Up 29 cents, or 2.93 per cent, to $10.17 on 5.8 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up one cent, or 68 per cent, to $1.48 on 5.5 million shares. Harte Gold Corp. (TSX: HRT). Materials. No change, to 6 cents on 4.4 million shares. Bank of Nova Scotia (TSX: BNS). Financials. Up 34 cents, or .44 per cent, to $77.99 on 4.4 million shares. Companies in the news: Canopy Growth Corp. (TSX:WEED). Up 40 cents to $25.69. Cointreau Corp. is suing Canopy Growth Corp. for trademark violations over the cannabis producer s Quatreau line of sparking cannabidiol beverages. Cointreau, which is pronounced KWAN troh, said in a complaint and jury demand filed in a New York court on Friday that it believes Smiths Falls, Ont.-bas

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