Canadian spectrum auctions begin today

Industry Canada is hoping to instigate more wireless competition in the Canadian market by auctioning off 40 megahertz of spectrum specifically intended for a new entrant to compete against established carriers Rogers Wireless, Telus and BCE Inc. The auction is expected to raise about $1.5 billion and will close by the end of June.

There are 23 companies participating in the auction, which begins today. Twenty of these firms are designated as new entrants. Possible spectrum winners include Shaw Communications, Manitoba Telecom Services, Quebecor, Globalive Communications Corp. and Data and Audio-Visual Enterprises.

For more:
- see this article

Related story:
Telus terminates Amp'd Mobile Canada deal. See this Telus story.