Canadian auction tops $3.6 billion

For the big three, we have Rogers at $810.5 million, Telus at $736.3 million, and Bell at $508.2 million. Despite Rogers’ high bids, they control just 47 licenses, while Telus has 50 and Bell has 45. Clearly, this could all change before the end of the auction. Globative, a Toronto-based outfit, has laid down $736.3 million. They have the high bids on 34 licenses. Quebecor Inc. has laid down just shy of $500 million for just 17 licenses. Data & Audio-Visual Enterprises Wireless Inc. has slapped down $228 million on a mere nine licenses. Then again, Shaw Communications has 19 licenses for $147.6 million, so we shouldn’t read too much into the price per license. At the auction’s outset, some in the Canadian government were critical of the rules in place, saying it should have been a free-for-all auction, which presumably would have led to a higher auction haul. I’m wondering if they had counted on the bidding getting this high.]]>

1 Comment

  1. PrepaidWirelessGuy on June 17, 2008 at 9:18 pm

    I guess at the end of the day, competition in the wireless space only yields positive outcomes. I’m thinking the interest of the large carriers is largely based on plans for WiMax…we’ll see!