$4.3 billion in bids, 282 licenses and 15 companies= a new wireless frontier

OTTAWA – Finally, after nearly two months of bidding, involving 331 rounds, Canada's auction of wireless spectrum ended today, but is merely the first wave of change that will transform the nation’s telecommunications industry.Canadian companies bid a total of $4.25 billion for 282 wireless-airwave licenses, the proceeds are more than twice the amount analysts had expected. The 15 successful bidders of the auction that began May 27 are eligible to receive licenses after making their final payments and showing compliance with Canadian ownership and control requirements.Rogers Communications, Canada's largest wireless carrier, bid $999.4 million for 59 licenses, reports Industry Canada....