Niagara Networks out of wireless race, Bitove joins in

OTTAWA – Niagara Networks isn’t on the list of 27 companies that qualified to participate in the auction for Advanced Wireless Services (AWS) spectrum that Industry Canada released Monday. Niagara Networks, which acquired wireless spectrum in a May auction, had the highest deposit of $881.4 million when Industry Canada issued on March 14 its list of participants intending to participate in the auction. But added to the list was Microsoft co-founder Paul Allen, a financial backer of a planned bid by entrepreneur John Bitove to acquire wireless spectrum. The group is bidding under the name Data & Audio-Visual Enterprises Wireless...