Innovation, Science and Economic Development Canada (ISED) has published the provisional results of its 2024 auction of residual spectrum licences, which raised $5.61 million.
Bell was awarded the most licences in this auction, successfully bidding $3.08 million for 18 licences, followed by ABC Internet Inc., which is acquiring 12 licences for $83,060, and Netfox Communications Corporation, which is acquiring eight licences for nearly $1.7 million.
Other successful bidders include 5by5 Communications Limited ($126,000 for four licences), Norway House Cree Nation ($593,000 for four), Ecotel Inc. ($16,110 for three), Karrier One Inc. ($20,000 for two), OpenMobile Inc. ($9,000 for four) and Rogers Communications ($6,000 for one).
The 56 residual spectrum licences awarded to the nine companies are a fraction of the 225 unallocated licences that were available in this auction.
