Canada allows transfer of spectrum to Telus from Public Mobile

OTTAWA (Reuters) - Canada will allow small telecommunications firm Public Mobile to transfer the license for a block of spectrum to Telus Corp, Industry Minister James Moore said on Wednesday.

Moore said in a statement he was satisfied that the transfer of G-block spectrum to Telus would not diminish competition in Canada's wireless sector. Public Mobile acquired the block in 2008.

"G-block spectrum is not used for the latest data plans and smart phones in Canada and is of a significantly lesser value than other types of spectrum," said Moore.

(Reporting by David Ljunggren)

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