14 bidders provisionally qualified for 700MHz auction

25 Oct 2013

Industry Canada has published the list of provisionally qualified bidders for the country’s upcoming 700MHz 4G mobile licence auction scheduled for January 2014. However, a deadline for receipt of the remaining 95% of pre-auction financial deposits is on 29 October, and the publication of the final list of qualified bidders will be on 8 November. Auction bidding opens on 14 January.

TeleGeography notes the provisionally qualified 14 are: Rogers, Telus and Bell Mobility (the three nationwide mobile incumbents); provincial operators MTS and SaskTel; cablecos (with regional mobile divisions) Videotron and Eastlink (registered as Bragg Communications); cellco Wind Mobile (registered as Globalive Wireless Management Corp); TBayTel (a local full-service telecoms operator in Thunder Bay, Ontario); Novus Wireless (an associate of British Columbian fibre triple-play operator Novus Entertainment); communications equipment vendor Vecima Networks (parent of Saskatchewan fixed-wireless internet provider YourLink); 1770129 Alberta Inc (owner of Corridor Communication, a minority shareholder in Albertan rural internet provider Forty Mile Gas Co-op under the CCI Wireless brand); Feenix Wireless (100%-owned by Mobilicity’s chairman John Bitove, whose Obelysk investment firm owns a majority voting share and minority equity share in the financially stricken cellco); and private equity firm Catalyst Capital Group (owner of roughly 30% of Mobilicity’s senior secured debt).