Canada's spectrum auction for PCS licences came to a close on February 1, 2001, with bids totalling a whopping $1.48 billion.The largest three wireless carriers -- Bell, Rogers and Telus -- coughed up...
March 1, 2001
Canada’s spectrum auction for PCS licences came to a close on February 1, 2001, with bids totalling a whopping $1.48 billion.
The largest three wireless carriers — Bell, Rogers and Telus — coughed up the majority of the dollars, leaving other bidders out in the cold: Bell Mobility spent $720.5 million for 20 licences across the country; Rogers Wireless spent $393.5 million for 23 licences across Canada; and Telus will pay $355.9 million for 5 licences in Manitoba, and in parts of Ontario, Quebec and Nova Scotia.
Canadian company W2N Inc. also got in on the action, spending $11.39 million for three licences, and Thunder Bay Telephone spent $600,000 for a single licence.