Cogeco bows out of 600 MHz auction but says wireless still an option

All applications due last weekMONTREAL – Cogeco Communications said that it will not participate in next year’s 600 MHz spectrum auction but will still “explore opportunities” in the wireless market.In a surprising announcement late Thursday, the company said that basing the structure of the auction on large geographic areas makes it “uneconomical” for the company.“We continue to actively and strategically pursue opportunities to enter the wireless market in order to offer a complementary service to our customers and expand our business,” said Cogeco’s SVP strategy and CTO Luc Noiseux, in the statement. “Following the acquisition of spectrum licenses earlier this...