Heavy bidding continues for Toronto licences as PCS fight tops $200 million
News | January 22, 2001
Intense bidding for Toronto PCS spectrum by the five remaining national players could push the final price tag for Canada’s hottest market as high as $90 million or higher as companies head into week two of the auction today. How high Toronto, as well as Vancouver and Montreal, eventually sell for could depend on new entrant W2N Inc, which is emerging as the darkhorse against Bell Mobility and Rogers Wireless in the battle for 2 GHz spectrum. W2N is bidding aggressively for two of the four licences up for grabs in Toronto, and in all likelihood will secure at least one of them.
This content is available to wirereport.ca subscribers
Already a subscriber? Sign in here
Unlock all the Canadian telecom, broadcasting and digital media news you need.
Take a free trial or subscribe to The Wire Report now.
FREE TRIAL
Two weeks of free access to thewirereport.ca and our exclusive newsletters.
SUBSCRIBE
Unlimited access to thewirereport.ca and our exlusive newsletters.