An interesting observation about the spectrum auction results.
Look at the total spent by the major new entrants:
| Top New Entrant Bidders: | |
| Quebecor | $554,549,000 |
| Globalive | $442,099,000 |
| DAVE | $243,159,000 |
| Shaw | $189,519,000 |
This totals $1.4B. Does that number sound familiar to anyone?
Check out the news clippings from just under 4 years ago. Rogers bought Microcell for $1.4B in cash.
Remember that Microcell was already an operating carrier, with 30 MHz of national spectrum, 1.2M subscribers, a working network (towers, switches, international roaming agreements, staff), brand recognition, etc.
What would have been the state of mobile wireless in Canada had others foreseen the value?
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