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Kure Technologies Inc V.KUR.H

Alternate Symbol(s):  UBSBF

Kure Technologies, Inc. is a Canada-based company. The Company has no business activity. The Company's subsidiary is UBS Wireless Services Inc.


TSXV:KUR.H - Post by User

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Post by culzeanon May 25, 2007 1:55pm
169 Views
Post# 12840219

MTS comments on spectrum auction.

MTS comments on spectrum auction.MTS Allstream Encourages Auction Rules that Promote Greater Wireless Competition Stock Symbol: MBT WINNIPEG, May 25 /CNW/ - MTS Allstream announced that it will today file a submission in response to the Federal Government's Consultation on the Auction Framework for Advanced Wireless Services ("AWS") Spectrum encouraging the government to set auction rules that will allow the entry of new wireless competitors. Expert reports and analysis indicate that Canada is falling behind the rest of the world when it comes to wireless innovation. In the submission, MTS Allstream will provide strong support which demonstrates that Canadians are paying higher prices for wireless services that are less advanced than those available to people in other countries, while the pace of innovation increasingly lags as new technology becomes available to other countries first. "The trends for Canadian wireless consumers are not going in the right direction, and we think Canada can do better," said Chris Peirce, Chief Regulatory Officer MTS Allstream. "In our submission, we clearly outline that the Federal Government must seize the opportunity presented by auctioning new spectrum licenses to ensure that barriers to the entry of new competitors are removed. New entrants will spur more competition, greater investment and speedier roll out of innovative new services for Canadians." The MTS Allstream submission will highlight several facts supporting the case for greater wireless competition, including: << - Canada is behind other industrialized countries in terms of mobile phone penetration such that only 57% of Canadians have a wireless device such as a phone. In the United States, the penetration rate for wireless is more than 77% and in other industrialized countries the rate is in the neighbourhood of 90%. - Canada is behind other industrialized countries in terms of 3G deployment. According to the Telecommunications Policy Review Panel, "Canadian deployment of 3G wireless systems lags not only the U.S. (2004), where every major operator is in the late stages of building and marketing these services, but also significantly lags deployment in Europe (2002), South Korea (2002) and Japan (2001)". - Canadians pay more for wireless services than people in the United States. Research indicates that wireless price levels in Canada are between 3% and 79% above US prices for comparable levels of usage. - Canadian consumers are losing out when it comes to high-tech telecom services because of more limited content and media offerings than in other countries due to data transmission capacity and because of higher prices for the services they do receive. >> "The Federal Government must ensure there is dedicated AWS spectrum for new entrants to bid on and must mandate reasonable roaming arrangements and tower sharing, failing which, the existing national players could block any further competition," added Peirce. "The national interest demands that a public resource like AWS spectrum be auctioned in a manner that promotes more competition for the benefit of all Canadians and aspires to make Canada a global leader in this crucial industry of the future." As a leading regional wireless provider in Manitoba, MTS Allstream is well positioned to illustrate the case for greater wireless competition on a national basis. More information on MTS Allstream's submission, including the expert reports supporting the case for further wireless competition in Canada, will be available at www.mtsallstream.com. About MTS Allstream MTS Allstream Inc. is a wholly owned subsidiary of Manitoba Telecom Services Inc., and is one of Canada's leading national communication solutions providers, delivering innovative products and services through the Enterprise Solutions and Consumer Markets divisions. The Enterprise Solutions division, which operates under the Allstream brand nationally and under the MTS brand in Manitoba, is a leading competitor in the national business and wholesale markets. This division offers customers a portfolio of solutions tailored to the needs of medium and large businesses looking for success in a world of rapidly evolving technology - Internet protocol-based communications, unified communications, voice and data connectivity services. The Consumer Markets division leads every telecommunications market segment in Manitoba, delivering a full suite of next generation wireless, high-speed Internet and data, digital television and wireline voice services under the MTS brand, as well as security and alarm monitoring services through AAA Alarm Systems Ltd., an affiliate of MTS Allstream which also operates in other western provinces. MTS Allstream's extensive national broadband fibre optic network spans more than 24,300 kilometres, and provides international connections through strategic alliances and interconnection agreements with other international service providers. Manitoba Telecom Services Inc.'s common shares are listed on The Toronto Stock Exchange (trading symbol: MBT). For more information, please visit: www.mtsallstream.com.
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