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Next spectrum auction to net gov’t lower amount than previous one: UBS

News | 12/04/2006 5:00 am EST

A new report from UBS Securities Canada Inc. predicts that Industry Canada’s next spectrum auction, expected to take place in late 2007 or early 2008, will generate revenue for the federal government on the order of approximately $1.1 billion. This is about $400 million less than the 2001 spectrum auction brought into the government coffers (RoW, Feb. 5/01).

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