March 31st, 2008Niagara Networks is Gone
800 Million to zero in two weeks. Niagara Networks is gone from the Canadian AWS spectrum auction. This is great news for the other bidders, but is it good new for Canadians? Also is missing is T-Mobile, Sprint, ATT&T, Vodafone and any other foreign bidder. Perhaps undone by by a combination of a bad US financial market and/or CRTC rules that would have forced them to take a minority stake. Either way it looks like made-in-canada spectrum owners are coming for better or worse without the scale and experience adavantage of foreign partners. The drama isn’t over yet. Expect more dropouts and consolidation in the list as June approaches. More to come… stay tuned to wirelessnorth.ca
