Canadian spectrum auction to end soon

Industry Canada's wireless spectrum auction is expected to end today, netting the government more than $4.19 billion--nearly three times the amount estimated. The auction was intended to increase competition and lower prices but in reality the three incumbent carriers--Rogers, Telus and Bell Mobility--are leading in the bidding. Rogers has bid more than $949 million for 55 licenses. Telus has bid $847.5 million for 59 licenses and Bell Mobility has bid $728.6 million for 55 licenses.

Newcomer Quebecor has bid $556 million for 18 licenses in Quebec. Globalive Communications, which owns a long-distance reseller called Yak, is close to becoming a national carrier with bids on spectrum licenses in nearly every province aside from Quebec.

For more:
- see this story

Related stories:
Canadian spectrum auction bids top $2.5B
Canadian spectrum auction
begins today

Suggested Articles

Wireless carriers say their networks are holding up as more Americans do their work, schooling and entertainment from home.

The U.S. appears to be tapping anonymized cell phone location data to understand Americans movements amid the novel coronavirus outbreak.

Next week, Rakuten will go live with the world’s first fully virtualized and cloud-based greenfield mobile network.