600 MHz auction: Rogers claims most, Bell grabs none, Telus angry, others happy (updated)

Auction raises $3.47 billionOTTAWA - The results of Canada’s 600 MHz spectrum auction were announced after the markets closed Wednesday afternoon.Rogers Communications acquired the most licences, 52, for a whopping $1.725 billion. “We are proud to make leading and meaningful investments to build the 5G ecosystem in Canada and to help drive our country’s global competitive advantage,” said Joe Natale, president and CEO, in the company press release. “This 5G spectrum is a precious and scarce resource that will benefit Canadians and Canadian businesses across the country.” Rogers was awarded licences in the A and B blocks in all service...