02:29 PM EST - Quebecor : says it will spend up to $1 billion and create hundreds of jobs at its Videotron subsidiary and suppliers as it builds its new wireless business in the coming years. The Montreal-based company also says it expects to have service over the high-speed wireless network available in 12 to 18 months. Quebecor
shares T.QBR.B are trading down 64 cents at $20.67.