0
Mobile & Wireless

Canada 700 MHz auction raises CAD 5.3 billion

Thursday 20 February 2014 | 08:36 CET | News
Canada has completed its auction of frequencies in the 700 MHz band, awarding 97 licences to eight companies for a total CAD 5.27 billion. The government said the results of the 22-day auction mean there will be at least four operators able to offer services in every region. Operators will also be able to expand LTE services to rural areas. 

The big winners of the auction were the existing mobile operators. Bell acquired 31 licences for CAD 566 million total, Telus bought 30 licences for CAD 1.143 billion and Rogers Communications took 22 licences for CAD 3.292 billion. Videotron also acquired seven licences for CAD 233 million, MTS acquired one licence for CAD 9 million, and SaskTel bought one block for CAD 8 million, focusing on their home regions. 

Newcomer Bragg took four lots of spectrum for CAD 20 million, and Feenix took one for CAD 0.3 million. Two participants, TBayTel and Novus, did not acquire any spectrum, and one licence went unsold. 

Bidders have until 05 March to pay 20 percent of the spectrum fees, with the remainder due by 02 April. The next major auction in Canada will be the 2,500 MHz band, scheduled to begin in April 2015. 


Categories: Mobile & Wireless
Companies: Bell Canada / MTS / Rogers Communications / SaskTel / TBayTel / Telus / Videotron
Countries: Canada
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.






40%
Telenet has more than 40% of total fixed consumer revenues in Belgium
Belgium  |  2014 Q2

Calendar   /   Industry Events

21 Oct Verizon Q3 2014
21 Oct Comptel Q3 2014
21 Oct Broadcom Q3 2014
21 Oct Broadband World Forum
21 Oct Iran Telecoms & IT 2014 Global Summit
21 Oct Customer Experience Management in Telecoms
22 Oct EE Q3 2014
22 Oct DTAC Q3 2014
22 Oct Turk Telekom Q3 2014
22 Oct NXP Semiconductors Q3 2014
22 Oct AT&T Q3 2014
22 Oct EMC Q3 2014
22 Oct Polycom Q3 2014
22 Oct Millicom Q3 2014
22 Oct Espial Q3 2014
22 Oct Orange Polska Q3 2014
22 Oct Logitech Q3 2014
22 Oct Infinera Q3 2014
22 Oct Fortinet Q3 2014
23 Oct Rogers Communications Q3 2014
23 Oct ADVA Optical Networking Q3 2014
23 Oct Nokia Q3 2014
23 Oct Altera Q3 2014
23 Oct Sonus Networks Q3 2014
23 Oct Sequans Communications Q2 2014
23 Oct Tele2 Q3 2014
23 Oct Telekom Austria Q3 2014
23 Oct America Movil Q3 2014
23 Oct Orange Q3 2014
23 Oct 2nd Enterprise Mobility China Summit 2014
::: More Calendar Items