Who has this kind of Canadian money flying around? As you can see we are just about to cross the $1 billion mark in the Canadian Wireless Spectrum Auction. The increase from round 6 was an astounding $101,222,469 to bring the total to $965,514,063 – with 21 players remaining.
Quebecor Inc. seems to be the one to beat as Canada’s next top national wireless carrier and leads the pack with 25 licences valued at $323.9 million. Bell is a cool $100 million away from top spot and Telus’ 63 licences is the most by any bidder.
Last round of the day today is at 4:00pm. More to come soon… here are some additional numbers and charts: