02/05/2014 12:23 EST | Updated 04/07/2014 05:59 EDT

James Moore to make announcement on wireless industry

Industry Minister James Moore will make an announcement related to Canada's wireless industry at 12:30 p.m. ET today. will livestream his remarks. 

The minister's office said the announcement will not be about the government's auction of the 700 MHz wireless spectrum. A Global News report Tuesday suggested Moore will address closing regulatory loopholes over where cellphone towers can be built. 

Under current federal regulations, cellphone companies must notify the municipality for towers at least 15 metres high. But many companies have been building towers across Canada just under the height limit, therefore bypassing the requirement to engage with communities. 

The companies, such as Bell Canada, have said they are building cellphone towers in order to meet growing demand for wireless data services.