In support of these objectives, Industry Canada is releasing spectrum in the 700 MHz and 2500 MHz bands and has made the decisions outlined in this paper, with the intent that this spectrum be deployed by telecommunications service providers in a timely manner for the benefit of Canadians. [...] Through the use of spectrum caps, the responsible agencies in other countries aim to address the risk of one or more dominant providers obtaining all of the spectrum licences available for auction, resulting in a reduction of competition in the marketplace. [...] Industry Canada recognizes the value of the 700 MHz and 2500 MHz bands for all wireless service providers to help to meet capacity demands, to offer the latest technologies, to improve coverage and service quality, and to effectively compete in the market. [...] Industry Canada consulted stakeholders on the need for measures in the 700 MHz and 2500 MHz auctions to promote competition in the wireless market and deployment to rural areas. [...] Spectrum caps are more appropriate than set-asides for the auctioning of 700 MHz and 2500 MHz spectrum because of the limited quantity of 700 MHz spectrum available; the different values that providers may place on the specific blocks of 700 MHz; and the fact that certain companies already hold licences for large amounts of 2500 MHz spectrum.