June 9th, 2008Spectrum Auction: Round 36 and it ain’t over yet
Spectrum bidders are back at it and bushy-tailed this morning with flurry of bidding activity in rounds 35 and 36. Rogers is having a tough time playing whack-a-mole in A block this morning fighting off incursions from various entrants and even Telus. Globalive and Quebecor have meanwhile gotten excited about playing an expensive game of tug-of-war over a mess of licences covering eastern Ontario and southern Quebec all the while with Data AV not making it easy for them either. Shaw and Sasktel seem to have a running disagreement over who rightfully should own saskatchewan this morning, while Bragg and Bell are duking it out in the East. So, it aint all settled yet.
In round 35 Quebecor also put in a surprise bid 95M for “35e” an extra 10MHz in Toronto that had been in Telus’ hands for days. It’s seems Quebecor may be committed to holding at least 20MHz in Toronto and 30-40 in Montreal at any cost. Telus won back 35e for 103M in round 36, but round 37 is only a few minutes away…
Total auction proceeds should cross 3.25 B next round.
Meanwhile, everyone else will be watching WWDC.
