Asides

Round 300: Canadian Wireless Spectrum Auction reaches $4,224,966,577

Round 300: Canadian Wireless Spectrum Auction reaches $4,224,966,577 (three times as much as originally predicted). Rogers alone is close to $1b and rumours of Globalive bailing has started. In response to the rumours Globalive’s CEO Anthony Lacavera said: “We are absolutely not exiting the auction, we are fully in the auction, It’s an extremely low probability at this point that we wouldn’t have national coverage with the exception of Quebec.”

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Related News & Reviews:
  • Rogers “Bill of Rights” and Globalive’s “Golden Rule”
  • Scotia Capital: “We do not expect new entrants to have a meaningful financial impact on incumbents until 2011-2012″
  • CRTC’s final decision on Globalive’s ownership hearings pushed to October 29th
  • Quebecor CEO: “We are looking for pole position, nothing less”
  • Discussion

    One comment for “Round 300: Canadian Wireless Spectrum Auction reaches $4,224,966,577”

    1. Will someone just put a bullet in this auction process for once and for all? There is a $4M difference in total bids between rounds 286 and 300…

      Reply

      Posted by Kenneth Trueman | July 16, 2008, 6:40 pm

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