Round 5: Canadian Wireless Spectrum Auction

The 5th Round in Industry Canada’s wireless spectrum auction has seen it increase to $779,456,528 and also seen some players withdraw from the bidding process. Those being 2096901 Ontario Inc. and Triple Five Universal Enterprises Inc.

Look at the chart provided and you will see that Telus currently takes the lead with $199,363,152 and bids on 83 licences. Eager to become a national carrier is newcomer Globalive Communications Inc. is next with $ 164,570,000 with only bids on 7.  Today is the busiest day with 4 rounds schedules, next being at 11:00am (EST), 1:00pm (EST) and 3:00pm (EST).

More to come soon: