Results tagged “pricefixing”

The wireless spectrum auction being held by Industry Canada to sell off 300 spectrum licenses has closed, with 40% of the spectrum licenses being set aside for new competitors in the wireless industry and $4.25 billion in revenue going to the Feds. The Financial Post speculates that competition will increase and prices will decrease, and also notes that: "It is widely assumed that all new entrants will lease bandwidth space on Rogers' networks." Ever the fair-minded conglomerate, Rogers will be leasing bandwidth space to their new competitors for the bargain price of 75 GAJILLION DOLLARS.