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Auction expected to net government about $140 million, Report on Wireless predicts

News | 01/13/2004 5:00 am EST

Ottawa will net between $140 million and $170 million in the upcoming 2300 MHz and 3500 MHz spectrum auction, set to begin later this month, Report on Wireless predicts. The take will be in the same range as the 1999 24/38 GHz auction haul of $170 million, but substantially lower than the $1.5 billion the 2001 PCS spectrum brought into government coffers.

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