ROW Short Takes
News | 12/15/2004 5:00 am EST
2300/3500 MHz auction to begin in Round 2
Industry Canada has announced that the residual auction for frequencies in the 2300 MHz and 3500 MHz bands, scheduled to begin on January 10, will start in Round 2. Round 1, which was as the transition between initial bids and the public auction, served to determine standing high bidders on licences where there is contention between a number of players. Activity requirements in the initial rounds of stage 1 will be set at 75% of eligibility points. The bid increment will be the maximum value of either 15% of the standing high bid from the previous round, or $150 per eligibility point associated with the particular licence.