Canada’s AWS spectrum auction got off to a big start today raising 490M so far in bids across all of the spectrum blocks.
So far it’s the new entrants making the biggest moves with Quebecor and Shaw leading the bidding along with mystery company 6934579 who many thought were out of the auction but seem to have found new backing.
The greatest/biggest news about this round is that Quebecor is, in round one, bidding nationally.
This is just round 1 of the auction, check back later today for round two. We’re at a strategy stage here, not all of the points have been bid for yet and some of the players may be waiting to round 2 to make their move. If bidders wait too long however before placing a winning bid, they risk losing eligibility points in subsequent rounds of the auction.
Here is the site you can watch the auction yourself but stay tuned to wirelessnorth.ca for ongoing commentary and the ever helpful cheat-sheet of who these numbered companies are.
The auction itself will keep on going until the bidders stop bidding.
Results from round one:
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Aaron
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Aaron
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Joe
